Code of Federal Regulations · Section
§ 505.2 — Definitions
46 C.F.R. § 505.2
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(a) Administrative offset, as defined in 31 U.S.C. 3701(a)(1), means withholding money payable by the United States Government to, or held by the Government for, a person to satisfy a debt the person owes the Government.
(b) Person includes a natural person or persons, profit or non-profit corporation, partnership, association, trust, estate, consortium, or other entity which is capable of owing a debt to the United States Government except that agencies of the United States, or of any State or local government shall be excluded.
Authorizing Statute
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Definitions and application31 U.S.C. § 3701
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Administrative offset31 U.S.C. § 3716
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Collection and compromise31 U.S.C. § 3711