41 CFR 105-55.022 - Joint and several liability.

§ 105-55.022 Joint and several liability.
(a) When two or more debtors are jointly and severally liable, the General Services Administration (GSA) may pursue collection activity against all debtors, as appropriate. GSA will not attempt to allocate the burden of payment between the debtors but will proceed to liquidate the indebtedness as quickly as possible.
(b) GSA will ensure that a compromise agreement with one debtor does not release the Agency's claim against the remaining debtors. The amount of a compromise with one debtor will not be considered a precedent or binding in determining the amount that will be required from other debtors jointly and severally liable on the claim.

Title 41 published on 2014-07-01.

No entries appear in the Federal Register after this date, for 41 CFR Part 105-55.

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