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14 U.S.C. § 2769 — Remission of indebtedness

submitted 77 years ago by ch. 393 to r/title-14-COAST-GUARD · 71 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary may remit or cancel part of a person’s debt to the United States or its instrumentality. The debt must have arisen during Coast Guard service, and the action must be in the United States’ best interest.

The Secretary may remit or cancel any part of a person’s indebtedness to the United States or its instrumentality if (1) the debt was incurred while the person served as a regular Coast Guard member or reserve in active status, and (2) the Secretary decides this is in the United States’ best interest.

the actual law source: uscode.house.gov ↗public domain

The Secretary may have remitted or cancelled any part of an individual’s indebtedness to the United States or any instrumentality of the United States if—

(1)

the indebtedness was incurred while the individual served as a member of the Coast Guard, whether as a regular or a reserve in active status; and

(2)

the Secretary determines that remitting or cancelling the indebtedness is in the best interest of the United States.

Source credit: (Aug. 4, 1949, ch. 393, 63 Stat. 530, § 461; Sept. 3, 1954, ch. 1263, § 33(b), 68 Stat. 1238; Pub. L. 87–526, § 1(1), July 10, 1962, 76 Stat. 141; Pub. L. 87–649, § 14d(7), Sept. 7, 1962, as added Pub. L. 89–718, § 73(a)(3), Nov. 2, 1966, 80 Stat. 1124; Pub. L. 89–718, § 73(c)(1), Nov. 2, 1966, 80 Stat. 1124; Pub. L. 90–83, § 2, Sept. 11, 1967, 81 Stat. 220; Pub. L. 94–546, § 1(29), Oct. 18, 1976, 90 Stat. 2521; Pub. L. 114–120, title II, § 203(a), Feb. 8, 2016, 130 Stat. 34; Pub. L. 114–328, div. A, title VI, § 671(b)(4), Dec. 23, 2016, 130 Stat. 2173; renumbered § 2769, Pub. L. 115–282, title I, § 116(b), Dec. 4, 2018, 132 Stat. 4226; Pub. L. 116–283, div. G, title LVXXXV [LXXXV], § 8505(a)(40), Jan. 1, 2021, 134 Stat. 4750.)

history & why it existsrecord from the source credit
  • 1949Enacted · Act of Aug. 4, 1949, ch. 393 · 63 Stat. 530
  • 1954Amended · Act of Sept. 3, 1954, ch. 1263 · 68 Stat. 1238
  • 1962Amended · Pub. L. 87-526 · 76 Stat. 141
  • 1962Amended · Pub. L. 87-649 · 80 Stat. 1124
  • 1966Amended · Pub. L. 89-718 · 80 Stat. 1124
  • 1967Amended · Pub. L. 90-83 · 81 Stat. 220
  • 1976Amended · Pub. L. 94-546 · 90 Stat. 2521
  • 2016Amended · Pub. L. 114-120 · 130 Stat. 34
  • 2016Amended · Pub. L. 114-328 · 130 Stat. 2173
  • 2018Amended · Pub. L. 115-282 · 132 Stat. 4226
  • 2021Amended · Pub. L. 116-283 · 134 Stat. 4750

A history note hasn’t been published yet. The record shows enactment by ch. 393 on 1949-08-04.

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