Federal Payment Agency Law and Legal Definition
According to 31 CFR 5.1 [Title 31 -- Money and Finance: Treasury; Subtitle A -- Office of the Secretary of The Treasury; Part 5 -- Treasury Debt Collection; Subpart A -- General Provisions], federal payment agency means “any Federal agency that transmits payment requests in the form of certified payment vouchers, or other similar forms, to a disbursing official for disbursement. The "payment agency" may be the agency that employs the debtor. In some cases, the Treasury Department may be both the creditor agency and payment agency.”
Legal Definition list
Related Legal Terms
- Accelerated Payments
- Accompanying the Federal Government Outside the United States
- Accredited Agency [Adoption]
- Accrediting Agency [Education]
- Active Voters [Federal Elections]
- Actuarial Documents [Federal Crop Insurance Corporation]
- Actuarially Appropriate [Federal Crop Insurance Corporation]
- Additional Principal Payment
- Administering Agency
- Administrative Agency
