FEDERAL · 15 U.S.C. · Chapter SUBCHAPTER II—RESTRICTIONS ON GARNISHMENT

Definitions

15 U.S.C. § 1672
Title15Commerce and Trade
ChapterSUBCHAPTER II—RESTRICTIONS ON GARNISHMENT

This text of 15 U.S.C. § 1672 (Definitions) is published on Counsel Stack Legal Research, covering United States primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

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15 U.S.C. § 1672.

Text

For the purposes of this subchapter:

(a)The term "earnings" means compensation paid or payable for personal services, whether denominated as wages, salary, commission, bonus, or otherwise, and includes periodic payments pursuant to a pension or retirement program.
(b)The term "disposable earnings" means that part of the earnings of any individual remaining after the deduction from those earnings of any amounts required by law to be withheld.
(c)The term "garnishment" means any legal or equitable procedure through which the earnings of any individual are required to be withheld for payment of any debt.

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History

(Pub. L. 90–321, title III, §302, May 29, 1968, 82 Stat. 163.)

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15 U.S.C. § 1672, Counsel Stack Legal Research, https://law.counselstack.com/usc/15/1672.