19-11-38
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19-11-38.
(a)
Upon receipt of a notice under Code Section 19-11-35, the financial institution
shall do all of the following:
(1)
Immediately encumber funds in all accounts in which the obligor has an interest
to the extent of the debt indicated in the notice; and
(2)
Forward the moneys encumbered to the IV-D agency no sooner than 15 days and no
later than 20 days from the date the financial institution receives the notice
pursuant to Code Section 19-11-35. Such money shall not be forwarded, however,
if the IV-D agency notifies the financial institution of a challenge by an
obligor or an account holder of interest. All encumbered moneys that are
forwarded must be accompanied by the obligor´s name and social security
number, child support enforcement account number, and any other information
required in the notice.
(b)
The financial institution may assess a fee against the obligor, not to exceed
$10.00, for forwarding of moneys to the IV-D agency. This fee is in addition to
the amount of support due. In the event that there are insufficient moneys to
cover the fee and the support due, the institution may deduct the fee amount
prior to forwarding moneys to the IV-D agency or its collection services center,
and the amount credited to the support obligation shall be reduced by the fee
amount.