§ 147-86.20. Definitions. - North Carolina Statutes

Article6B.

Statewide AccountsReceivable Program.

§ 147‑86.20. Definitions.

The following definitionsapply in this Article:

(1)        Account Receivable.– An asset of the State reflecting a debt that is owed to the State and has notbeen received by the State agency servicing the debt. The term includes claims,damages, fees, fines, forfeitures, loans, overpayments, and tuition as well aspenalties, interest, and other costs authorized by law. The term does notinclude court costs or fees assessed in actions before the General Court ofJustice or counsel fees and other expenses of representing indigents underArticle 36 of Chapter 7A of the General Statutes.

(2)        Debtor. – A personwho owes an account receivable.

(2a)      Electronic payment. –Payment by charge card, credit card, debit card, or by electronic fundstransfer as defined in this subsection.

(3)        Past Due. – Anaccount receivable is past due if the State has not received payment of it bythe payment due date.

(4)        Person. – Anindividual, a fiduciary, a firm, a partnership, an association, a corporation,a unit of government, or another group acting as a unit.

(5)        State Agency. –Defined in G.S. 147‑64.4(4). The term does not include, however, acommunity college, a local school administrative unit, an area mental health,developmental disabilities, and substance abuse authority, or the General Courtof Justice.

(6)        Write‑off. –To remove an account receivable from a State agency's accounts receivablerecords. (1993, c. 512, s. 1; 1999‑434, s. 1.)