20 U.S.C. § 1087gg — Collection of defaulted loans: Perkins Loan Revolving Fund
submitted 40 years ago by Pub. L. 89-329 to r/title-20-EDUCATION · 145 words · no verdicts yet
A translation hasn’t been published for this section yet. The official text below is complete and authoritative.
With respect to any loan—
which was made under this part, and
which is referred, transferred, or assigned to the Secretary by an institution with an agreement under section 1087cc(a) of this title,
the Secretary is authorized to attempt to collect such loan by any means authorized by law for collecting claims of the United States (including referral to the Attorney General for litigation) and under such terms and conditions as the Secretary may prescribe, including reimbursement for expenses reasonably incurred in attempting such collection.
The Secretary shall continue to attempt to collect any loan referred, transferred, or assigned under paragraph (4) or (5) of section 1087cc(a) of this title until all appropriate collection efforts, as determined by the Secretary, have been expended.
Source credit: (Pub. L. 89–329, title IV, § 467, as added Pub. L. 99–498, title IV, § 405(a), Oct. 17, 1986, 100 Stat. 1453; amended Pub. L. 102–325, title IV, § 467, July 23, 1992, 106 Stat. 584; Pub. L. 105–244, title IV, § 467(a), Oct. 7, 1998, 112 Stat. 1728; Pub. L. 111–39, title IV, § 405(6), July 1, 2009, 123 Stat. 1947.)
- 1986Enacted · Pub. L. 89-329 · 100 Stat. 1453
- 1992Amended · Pub. L. 102-325 · 106 Stat. 584
- 1998Amended · Pub. L. 105-244 · 112 Stat. 1728
- 2009Amended · Pub. L. 111-39 · 123 Stat. 1947
A history note hasn’t been published yet. The record shows enactment by Pub. L. 89-329 on 1986-10-17.
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