§ 313.126 - Referral of past-due, legally enforceable debt.

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The FDIC shall submit past-due, legally enforceable debt information for tax refund offset to FMS, as prescribed by FMS. For each debt, the FDIC will include the following information:

The name and taxpayer identification number (as defined in 26 U.S.C. 6109) of the debtor;

The amount of the past-due and legally enforceable debt;

The date on which the debt became past-due; and

The designation of FDIC as the agency referring the debt.