§ 797.24. Certification where NCUA is the paying agency.
123 words·~1 min read·
/us/cfr/t12/s§ 797.24·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)Upon issuance of a proper certification by NCUA or upon receipt of a proper certification from another creditor agency, NCUA shall send the employee a written notice of salary offset.
(b)Such written notice of salary offset shall advise the employee of the:
(1)Certification that has been issued by NCUA or received from another creditor agency;
(2)Amount of the debt and of the deductions to be made; and
(3)Date and pay period when the salary offset will begin.
(c)If NCUA is not the creditor agency, NCUA shall provide a copy of the notice to the creditor agency and advise the creditor agency of the dollar amount to be offset and the pay period when the offset will begin.