12 C.F.R. § 1704.45 Requests for administrative offset to other Federal agencies.
Title 12 - Banks and Banking
(a) OFHEO may request that a debt owed to OFHEO be collected by administrative offset against funds due and payable to a debtor by another agency. (b) In requesting administrative offset, OFHEO, as creditor, shall certify in writing to the agency holding funds of the debtor: (1) That the debtor owes the debt; (2) The amount and basis of the debt; and (3) That OFHEO has complied with the requirements of its own administrative offset regulations and the applicable provisions of the FCCS with respect to providing the debtor with due process.
Title 12: Banks and Banking
PART 1704—DEBT COLLECTION
Subpart C—Administrative Offset
§ 1704.45 Requests for administrative offset to other Federal agencies.
