§ 147-86.63 – No private right of action.
147-86.63. No private right of action. (a) This Article does not create or authorize a private right of action to enforce the provisions of the Article. (b) A company may challenge being included on the lists established in this Article using the procedures in Article 3 of Chapter 150B of the General Statutes, except that […]
§ 147-86.70 – Policy and definitions.
147-86.70. Policy and definitions. (a) Policy. – The General Assembly of North Carolina hereby finds and declares that encouraging and assisting individuals and families in saving private funds for the purpose of supporting individuals with disabilities, as authorized in the federal Achieving a Better Life Experience (ABLE) Act, to maintain health, independence, and a better […]
§ 147-86.71 – ABLE Program.
147-86.71. ABLE Program. (a) Achieving a Better Life Experience (ABLE) Program Trust. – There is established an ABLE Program Trust to be administered by the ABLE Program Board of Trustees established in G.S. 147-86.72 to enable contributors to save funds to meet the costs of the qualified disability expenses of eligible individuals. (b) Accounts. – […]
§ 147-86.72 – ABLE Program Board of Trustees.
147-86.72. ABLE Program Board of Trustees. (a) Board. – There is established a Board of Trustees to provide oversight of the general administration and proper operation of the ABLE Program and to determine the appropriate investment strategy for the ABLE Program Trust. The Board of Trustees shall consist of the following six members: (1) The […]
§ 147-86.22 – Statewide accounts receivable program.
147-86.22. Statewide accounts receivable program. (a) Program. – The State Controller shall implement a statewide accounts receivable program. As part of this program, the State Controller shall do all of the following: (1) Monitor the State’s accounts receivable collection efforts. (2) Coordinate information, systems, and procedures between State agencies to maximize the collection of past-due […]
§ 147-86.23 – Interest and penalties.
147-86.23. Interest and penalties. A State agency shall charge interest at the rate established pursuant to G.S. 105-241.21 on a past-due account receivable from the date the account receivable was due until it is paid. A State agency shall add to a past-due account receivable a late payment penalty of no more than ten percent […]
§ 147-86.24 – Debtor information and skip tracing.
147-86.24. Debtor information and skip tracing. A State agency shall collect from clients and debtors minimum identifying information as prescribed by the State Controller. A State agency shall use all available debtor information to skip trace debtors as prescribed by the State Controller. The State Controller shall establish procedures to give the State Controller access […]
§ 147-86.25 – Setoff debt collection.
147-86.25. Setoff debt collection. The State Controller shall implement a statewide setoff debt collection program to provide for collection of the following accounts receivable by setoff against payments the State owes to debtors, other than payments of tax refunds and payroll: (1) Accounts receivable submitted to the Department of Revenue by a claimant agency under […]
§ 147-86.26 – Reporting requirements.
147-86.26. Reporting requirements. A State agency shall provide the State Controller a complete report of the agency’s accounts receivable at least quarterly or more frequently as required by the State Controller. The State Controller shall use the information provided by a State agency and any additional information available to compile a summary report of the […]
§ 147-86.27 – Rules.
147-86.27. Rules. A State agency may adopt rules to implement this Article. (1993, c. 512, s. 1.)