12 CFR § 797.4 - Delegation of authority.

---
identifier: "/us/cfr/t12/s797.4"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "12 CFR § 797.4 - Delegation of authority."
title_number: 12
title_name: "Banks and Banking"
section_number: "797.4"
section_name: "Delegation of authority."
chapter_name: "NATIONAL CREDIT UNION ADMINISTRATION"
subchapter_number: "B"
subchapter_name: "REGULATIONS AFFECTING THE OPERATIONS OF THE NATIONAL CREDIT UNION ADMINISTRATION"
part_number: "797"
part_name: "PROCEDURES FOR DEBT COLLECTION"
positive_law: false
currency: "2026-04-05"
last_updated: "2026-04-05"
format_version: "1.1.0"
generator: "[email protected]"
authority: "12 U.S.C. 1752a; 5 U.S.C. 5514; 31 U.S.C. 3711, 3716, 3720A, 3720D."
regulatory_source: "73 FR 11341, Mar. 3, 2008, unless otherwise noted."
cfr_part: "797"
---


# 797.4 Delegation of authority.

Authority to conduct the following activities is delegated to the Executive Director to:

(a) Initiate and carry out the debt collection process on behalf of NCUA, in accordance with the FCCS;

(b) Accept or reject compromise offers, suspend, terminate or waive collection actions to the full extent of NCUA's legal authority under 12 U.S.C. 1752(a) and 1789; 31 U.S.C. 3711, and any other applicable statute or regulation.

(c) Report to consumer reporting agencies certain data pertaining to delinquent debts, where appropriate;

(d) Use offset procedures, including administrative and salary offset, to collect debts; and

(e) Take any other action necessary to promptly and effectively collect debts owed to the government in accordance with the policies contained herein and as otherwise provided by law.