1. Regulations
  2. title 2
  3. chapter II
  4. part 200
  5. subpart E
  6. subjgrp 40
  7. § 200.426

View all text of Subjgrp 40 [§ 200.420 - § 200.476]

§ 200.426 - Bad debts.

Bad debts (debts determined to be uncollectable), including losses (whether actual or estimated) arising from uncollectable accounts and other claims, are unallowable. Related collection costs, and related legal costs, arising from such debts are also unallowable. See § 200.428.

AUTHORITY: 31 U.S.C. 503; 31 U.S.C. 6101-6106; 31 U.S.C. 6307; 31 U.S.C. 7501-7507.

SOURCE: 89 FR 30136, Apr. 22, 2024, unless otherwise noted.

CITE AS: 2 CFR 200.426