TITLE 32

DOMESTIC RELATIONS

CHAPTER 16

FINANCIAL INSTITUTION DATA MATCH PROCESS

32-1603.  Withholding of assets — Grounds and issuance. When the department receives information from a data matching process that an obligor is an owner or co-owner of an asset held by a financial institution, the department may issue an asset withholding order. Any asset which is subject to a previously perfected security interest or right of set-off from the financial institution is subject to withholding only as to the unencumbered portion of the asset.

History:

[32-1603, added 2004, ch. 213, sec. 2, p. 643.]