Financial institution data match reporting system - Definitions.

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As used in Section 240.22 et seq. of this title:

1. "Account" means a demand deposit account, checking or negotiable withdrawal order account, savings account, time deposit account, money-market mutual fund account or brokerage account;

2. "Financial institution" means any federal or state bank or savings association, federal or state credit union, benefit association, insurance company, safe deposit company, money-market mutual fund or similar entity authorized to do business by the State of Oklahoma; and

3. "Noncompliance with an order for support" means that the obligor has failed to make child support payments required by a child support order in an amount equal to the child support payable for at least ninety (90) days.

Added by Laws 1997, c. 402, § 26, eff. July 1, 1997. Amended by Laws 2001, c. 407, § 19, eff. July 1, 2001.


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