Code of Federal Regulations · Section
§ 213.28 — Execution Of Releases
22 C.F.R. § 213.28
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Upon receipt of full payment of a claim or the amount compromised, USAID will prepare and execute a release on behalf of the United States. In the event a mutual release is not executed when a debt is compromised, unless prohibited by law, the debtor is still deemed to have waived any and all claims and causes of action against USAID and its officials related to the transaction giving rise to the compromised debt.
Authorizing Statute
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Authority and functions of agency Chief Financial Officers31 U.S.C. § 902
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Exercise of functions22 U.S.C. § 2381
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Installment deduction for indebtedness to the United States5 U.S.C. § 5514