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Ch. 536
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2002 LAWS OF MARYLAND
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(II) "ACCOUNT" DOES NOT INCLUDE:
1. AN ACCOUNT OR PORTION OF AN ACCOUNT TO WHICH AN
OBLIGOR DOES NOT HAVE ACCESS DUE TO THE PLEDGE OF THE FUNDS AS SECURITY
FOR A LOAN OR OTHER OBLIGATION;
2. FUNDS OR PROPERTY DEPOSITED TO AN ACCOUNT AFTER
THE TIME THAT THE FINANCIAL INSTITUTION INITIALLY ATTACHES THE ACCOUNT;
3. AN ACCOUNT OR PORTION OF AN ACCOUNT TO WHICH
THE FINANCIAL INSTITUTION HAS A PRESENT RIGHT TO EXERCISE A RIGHT OF
SETOFF; OR
4. BASED ON THE FINANCIAL INSTITUTION'S RECORDS, AN
ACCOUNT FOR WHICH THE OBLIGOR APPEARS TO BE ACTING SOLELY IN A
REPRESENTATIVE CAPACITY FOR ANOTHER PERSON OR PERSONS. AN ACCOUNT OR
PORTION OF AN ACCOUNT THAT HAS AN ACCOUNT HOLDER OF INTEREST NAMED AS
AN OWNER ON THE ACCOUNT; OR
5. AN ACCOUNT OR PORTION OF AN ACCOUNT TO WHICH
THE OBLIGOR DOES NOT HAVE AN UNCONDITIONAL RIGHT OF ACCESS.
(3) "ACCOUNT HOLDER OF INTEREST" MEANS ANY PERSON, OTHER
THAN THE OBLIGOR, WHO ASSERTS AN OWNERSHIP INTEREST IN AN ACCOUNT.
(4) "FINANCIAL INSTITUTION" MEANS:
[(1)] (I) a depository institution, as defined in the Federal Deposit
Insurance Act at 12 U.S.C. § 1813(c);
[(2)] (II) a federal credit union or State credit union, as defined in the
Federal Credit Union Act at 12 U.S.C. § 1752; or
[(3)] (III) A STATE CREDIT UNION REGULATED UNDER TITLE 6 OF THE
FINANCIAL INSTITUTIONS ARTICLE; OR
(IV) a benefit association, insurance company, safe deposit company,
money-market mutual fund, or similar entity doing business in the State that holds
property or maintains accounts reflecting property belonging to others.
(b) To carry out the purposes of this section, the Administration may request
from any financial institution information and assistance to enable the
Administration to enforce the liability of a parent to support a child of the parent.
(c) (1) The Administration may request not more than four times a year
from a financial institution the information set forth in subsection (d)(2) of this
section concerning any obligor in arrears in paying child support through a support
enforcement agency.
(2) A request for information by the Administration under paragraph (1)
of this subsection shall:
(i) contain:
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