32 CFR 112.1 - Purpose.

Code of Federal Regulations - Title 32: National Defense

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Title 32: National Defense

Subtitle A: Department of Defense

CHAPTER I: OFFICE OF THE SECRETARY OF DEFENSE

SUBCHAPTER D: PERSONNEL, MILITARY AND CIVILIAN

PART 112: INDEBTEDNESS OF MILITARY PERSONNEL

112.1 - Purpose.

This part: (a) Updates policy and responsibilities governing delinquent indebtedness of members of the Military Services, and prescribes policy for processing involuntary allotments from the pay of military members to satisfy judgment indebtedness in accordance with 5 U.S.C. 5520a(k).

(b) Establishes responsibility for procedures implementing 5 U.S.C. 5520a(k), 15 U.S.C. 1601 note, 1601-1614, 1631-1646, 1661-1665a, 1666-1666j, and 1667-1667e (?Truth in Lending Act?), and 15 U.S.C. 1601 note, and 1692-1692o (?Fair Debt Collection Practices Act?).

(c) Designates the Director, Defense Finance and Accounting Service (DFAS), as the Department of Defense Executive Agent for forms necessary to process involuntary allotments. The Executive Agent shall publish, print, stock, distribute, and revise forms.



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