§ 797.13 - Requests for administrative offset where NCUA is the creditor agency.

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NCUA may request that a debt owed to NCUA be collected by administrative offset against funds due and payable to a debtor by another agency.

In requesting administrative offset, NCUA, as creditor, shall certify in writing to the agency holding funds of the debtor:

That the debtor owes the debt;

The amount and basis of the debt; and

That NCUA 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.