12 CFR · Banks and Banking

§ 608.842 — Responsibility of the FCA as the paying agency.

12 CFR § 608.842

This text of 12 C.F.R. § 608.842 (Responsibility of the FCA as the paying agency.) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
12 C.F.R. § 608.842 (2026).

Text

§ 608.842 Responsibility of the FCA as the paying agency.

(a)When the FCA receives a claim certification from a creditor agency, deductions should be scheduled to begin at the next officially established pay interval. The FCA shall send the debtor written notice which provides:
(1)That the FCA has received a valid claim certification from the creditor agency;
(2)The date on which salary offset will begin;
(3)The amount of the debt; and
(4)The amount of such deductions.
(b)If, after the creditor agency has submitted the claim certification to the FCA, the employee transfers to a different agency before the debt is collected in full, the FCA must certify the total amount collected on the debt. The FCA shall send a copy of this certification to the creditor agency and a copy to the

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Bluebook (online)
12 C.F.R. § 608.842, Counsel Stack Legal Research, https://law.counselstack.com/cfr/12/608/608.842.
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