The NRC shall consider a debtor’s liability arising from a particular transaction or contract as a single claim in determining whether the claim is less than the monetary limitation for the purpose of compromising or suspending or terminating collection action. A claim may not be subdivided to avoid the monetary limitation established by 31 U.S.C. § 3711(a)(2) and § 15.7.

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Terms Used In 10 CFR 15.13

  • Contract: A legal written agreement that becomes binding when signed.

[55 FR 32378, Aug. 9, 1990]