Code of Federal Regulations · Section
§ 25.609 — Settlement And Notice To Claimant
33 C.F.R. § 25.609
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If a claim is determined to be meritorious in any amount, the claimant must sign a written acceptance and release or a claim settlement agreement before payment. Although larger claims may be considered, no claim may be approved or paid in an amount that exceeds $1,000.00.
Authorizing Statute
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Regulations14 U.S.C. § 503