Code of Federal Regulations · Section

§ 286.235 — What Penalties Cannot Be Excused?

45 C.F.R. § 286.235

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(a) The penalties that cannot be excused are:

(1) The penalty for failure to repay a Federal loan issued under section 406.

(2) The penalty for failure to replace any reduction in the TFAG resulting from other penalties that have been imposed.

(b) [Reserved]

45 C.F.R. § 286.230 45 C.F.R. § 286.240

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