10 U.S.C. § 8271 — Settlement of accounts: remission or cancellation of indebtedness of members
submitted 66 years ago by Pub. L. 86-511 to r/title-10-ARMED-FORCES · 124 words · no verdicts yet
The Secretary of the Navy can forgive some debts owed by naval service members. This applies to debts from active duty, whether regular or reserve. The Secretary must find it's in the country's best interest first.
The Secretary of the Navy may have remitted or cancelled any part of the indebtedness of a person to the United States or any instrumentality of the United States incurred while the person was serving as a member of the naval service, whether as a regular or a reserve in active status*, but only if the Secretary considers such action to be in the best interest of the United States.
The authority in subsection (a) may be exercised with respect to any debt covered by that subsection that is incurred on or after October 7, 2001.
This section shall be administered under regulations prescribed by the Secretary of Defense.
Source credit: (Added Pub. L. 86–511, § 1(a), June 11, 1960, 74 Stat. 207, § 6161; amended Pub. L. 109–163, div. A, title VI, § 683(b)(1), Jan. 6, 2006, 119 Stat. 3322; Pub. L. 109–364, div. A, title VI, § 673(b)(1), (2), (e)(2), Oct. 17, 2006, 120 Stat. 2271, 2272; Pub. L. 110–181, div. A, title X, § 1063(c)(7)(B), Jan. 28, 2008, 122 Stat. 323; Pub. L. 114–328, div. A, title VI, § 671(b)(2), Dec. 23, 2016, 130 Stat. 2173; renumbered § 8271, Pub. L. 115–232, div. A, title VIII, § 807(b)(10), Aug. 13, 2018, 132 Stat. 1835.)
- 1960Enacted · Pub. L. 86-511 · 74 Stat. 207
- 2006Amended · Pub. L. 109-163 · 119 Stat. 3322
- 2006Amended · Pub. L. 109-364 · 120 Stat. 2271, 2272
- 2008Amended · Pub. L. 110-181 · 122 Stat. 323
- 2016Amended · Pub. L. 114-328 · 130 Stat. 2173
- 2018Amended · Pub. L. 115-232 · 132 Stat. 1835
A history note hasn’t been published yet. The record shows enactment by Pub. L. 86-511 on 1960-06-11.
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