22 CFR 213.5 – Subdivision of claims not authorized
Current as of: 2024 | Check for updates
|
Other versions
USAID will not subdivide a claim to avoid the $100,000 limit on the Agency’s authority to compromise a claim, suspend collection action on a claim, or terminate collection action on a claim. A debtor’s liability that arises from a particular transaction or contract is a single claim.
Terms Used In 22 CFR 213.5
- Contract: A legal written agreement that becomes binding when signed.