§ 1075.109 When payments to victims are impracticable.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
Individual payments.(a) Making a payment to an individual victim will be deemed impracticable if:
(1) The payment to the victim would be of such a small amount that the victim would not be likely to redeem the payment;
(2) The payment to the victim is too small to justify the cost of locating the victim and making the payment;
(3) The victim cannot be located with effort that is reasonable in light of the amount of the payment;
(4) The victim does not timely submit information that a distribution plan requires to be submitted before a payment will be made;
(5) The victim does not redeem the payment within a reasonable time; or
(6) The Fund Administrator determines that other circumstances make it unreasonable to make a payment to the victim.
Payments to a class of victims.(b) Making payments to a class of victims will be deemed impracticable if:
(1) The expected aggregate actual payment to the class of victims is too small to justify the costs of locating the victims in the class and making payments to them;
(2) It would be impracticable under paragraph (a) of this section to make a payment to any victim in the class; or
(3) The Fund Administrator determines that other circumstances make it unreasonable to make payments to the class.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.