30 NCAC 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.

History Note:        Authority G.S. 138A-10(a)(2); 138A-10(a)(4); 138A-10(a)10); 138A-24(a)(2)(k);

Eff. January 1, 2011.