30 N.C. Admin. Code 5B.0104

Current through Register Vol. 39, No. 8, October 15, 2024

Section 05B .0104 - REPORTABLE LIABILITY THRESHOLD IS PER CREDITOR

The ten thousand dollar ($10,000) threshold that triggers reporting of liabilities is per creditor and not the cumulative value of multiple debts.

30 N.C. Admin. Code 05B .0104

Authority G.S. 138A-10(a)(2); 138A-10(a)(4); 138A-10(a)10); 138A-24(a)(2)(k);
Eff. January 1, 2011.

Authority G.S. 138A-10(a)(2); 138A-10(a)(4); 138A-10(a)10 ); 138A-24(a)(2)(k);
Eff. January 1, 2011.