North Carolina Statutes

§ 105B-1 — Purpose and Definitions

North Carolina·Ch. 105B Defaulted Student Loan Recovery Act·Art. 1 Withholding of Personal Earnings
(a)It is the purpose of this Article to enable the State Education Assistance Authority to seek an order of withholding of personal earnings against a debtor who owes money to the Authority through default on a student loan as a means of enforcing a judgment which requires the payment of money to the Authority.
(b)As used in this Article:
(1)"Annual federal poverty guidelines" means the annual federal poverty guidelines issued by the United States Department of Health and Human Services in effect at the time in question.
(2)"Authority" means the State Education Assistance Authority as enabled by Article 23 of Chapter 116 of the General Statutes.
(3)"Debtor" means any individual owing money to the Authority through default on a student loan made, guaranteed or owned by the Authority, w

Free access — add to your briefcase to read the full text and ask questions with AI

North Carolina § 105B-1 (Purpose and Definitions) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Nearby Sections

5
View on official source ↗