26-2-102 -

26-2-102. “Earnings,” “disposable earnings,” “garnishment,” defined.

As used in this part unless the context otherwise requires:

     (1)  “Earnings” means the compensation paid or payable for personal services, whether denominated as wages, salary, commission, bonus, or otherwise, and includes periodic payments pursuant to a pension or retirement program;

     (2)  “Disposable earnings” means that part of the earnings of an individual remaining after the deduction from those earnings of any amounts required by law to be withheld; and

     (3)  “Garnishment” means any legal or equitable procedure through which the earnings of an individual are required to be withheld for payment of any debt.

[Acts 1978, ch. 915, § 8; T.C.A., § 26-207, T.C.A., § 26-2-105.]