What is a Provision? Definition: A provision is an amount set aside for the probable, but uncertain, economic obligations of an enterprise. A provision is an amount that you put in aside in your accounts to cover a future liability.
They are all controlled by the Federal government. Under the constitution of the United States the individual states are allowed to make their own laws regardless of what the other states do, as long as it doesn't deviate from federal laws which are laws that govern all the people of the United States. <br /> This brings up the idea of federalism.
State Garnishment Laws. Each state has its own garnishment laws. Any state law that is more restrictive, resulting in smaller garnishments, takes precedence over the federal law. If a state law is less restrictive, the federal law prevails.