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Current as of January 01, 2025 | Updated by Findlaw Staff
(a) If the agency disburses money to an obligor because the agency made an error and mistakenly required the obligor to overpay under a support order enforced by the agency, the agency shall include interest with the disbursement at the rate of six percent a year. The interest accrues from the date the payment at issue was received by the agency, regardless of when the payment is determined to be an overpayment.
(b) The provisions of (a) of this section do not apply to situations where the agency is ordered by a court to return money to an obligor based on the obligor's being the prevailing party in a court action.
Cite this article: FindLaw.com - Alaska Statutes Title 25. Marital and Domestic Relations § 25.27.320. Interest on agency return of certain overpayments - last updated January 01, 2025 | https://codes.findlaw.com/ak/title-25-marital-and-domestic-relations/ak-st-sect-25-27-320/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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