§ 105A-14. Accounting to the claimant agency; credit to debtor's obligation. - North Carolina Statutes

§105A‑14.  Accounting to the claimant agency; credit to debtor'sobligation.

(a)        Simultaneously withthe transmittal of the net proceeds collected to a claimant agency, theDepartment must provide the agency with an accounting of the setoffs for whichpayment is being made. The accounting must whenever possible, include the fullnames of the debtors, the debtors' social security numbers, the gross proceedscollected per setoff, the net proceeds collected per setoff, and the collectionassistance fee added to the debt and collected per setoff.

(b)        Upon receipt by aclaimant agency of net proceeds collected on the claimant agency's behalf bythe Department, a final determination of the claim if it is a State agencyclaim, and an accounting of the proceeds as specified under this section, theclaimant agency must credit the debtor's obligation with the net proceedscollected. (1979, c. 801, s. 94; 1997‑490, s. 1.)