It's my understanding that business accounts or those not subject to Federal Benefit payments, under MD court ordered garnishment, are subject to continuing holds on additional deposits. We currently place a hold for the full amount of the garnishment.
Under the new definition of garnishment, if an account is a business account or one not subject to Federal Benefit payments, should a state tax lien be a snapshot hold or should it be a continuing hold (additional deposits would be subject to hold and remittance to satisfy the tax lien)?