2005 Idaho Code - 32-1605 — RECEIPT AND ACCEPTANCE OF ASSET WITHHOLDING ORDER

                                  TITLE  32
                              DOMESTIC RELATIONS
                                  CHAPTER 16
                   FINANCIAL INSTITUTION DATA MATCH PROCESS
    32-1605.  RECEIPT AND ACCEPTANCE OF ASSET WITHHOLDING ORDER. (1) When an
asset withholding order is received by a financial institution pursuant to
this chapter, the financial institution shall immediately freeze the asset
subject to the withholding order up to the maximum amount as set forth in
section 32-1601(6), Idaho Code. Financial institutions shall accept the asset
withholding order at any office of the financial institution located in this
state, or at a particular office in this state or another state designated by
the financial institution for the service of attachment, execution and
garnishment papers pursuant to section 8-507(b), Idaho Code.
    If the financial institution has designated a particular office for
service of attachment, execution and garnishment papers pursuant to section
8-507(b), Idaho Code, and the asset withholding order is received by another
office of the financial institution, it is within the discretion of the
financial institution to accept the order and promptly forward the order to
the designated office; not accept the order and promptly forward the order to
the designated office; or promptly return it to the department. If a financial
institution has chosen to accept the order at a nondesignated office, the
financial institution's duties pursuant to section 32-1608(1), Idaho Code,
shall be effective upon acceptance at that office, and the time periods for
the financial institution's duties pursuant to subsections (2) and (3) of
section 32-1608, Idaho Code, shall begin to run upon receipt of the order at
the designated office.
    (2)  Unless otherwise notified by the department pursuant to this chapter,
the financial institution shall release the asset to the obligor on the
seventy-sixth day after the financial institution receives the asset
withholding order.
    (3)  The department shall provide the financial institution with copies of
the order and notice required by section 32-1607, Idaho Code, to forward to
the obligor and any co-owner.

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