CFR > Title 17 - Commodity and Securities Exchanges > CHAPTER II—SECURITIES AND EXCHANGE COMMISSION > PART 204—RULES RELATING TO DEBT COLLECTION > SUBPART C—Tax Refund Offset (§204.50 to §204.57-204.59) > 204.50—Purpose.

204.50—Purpose.

This subpart establishes procedures for the Commission's referral of past-due legally enforceable debts to the Department of the Treasury's Financial Management Service (FMS) for offset against the income tax refunds of the debtor.

Code of Federal Regulations

[66 FR 54132, Oct. 26, 2001]