Utah Statutes

§ 59-1-1711 — Depository institution to release portion of amount subject to levy.

Utah·Title 59 Revenue and Taxation·Ch. 59-1 General Taxation Policies·Part 59-1-17 Depository Institution Data Match System and Levy Act
(1)Subject to the other provisions of this section, a depository institution shall release the portion of the amount subject to a levy under this part that the commission may receive in accordance with Section 59-1-1710 from the depository institution.
(2)On the first business day after the day on which the commission provides the notice described in Subsection 59-1-1710(3) to the depository institution, the depository institution shall release the lesser of the following:
(2)(a) the portion of the amount the commission may receive in accordance with Section 59-1-1710 from the depository institution; or
(2)(b) the balance of the delinquent taxpayer's account on the first business day after the day on which the commission provides the notice described in Subsection 59-1-1710(3) to the de

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Legislative History

Enacted by Chapter 326, 2016 General Session

Nearby Sections

15
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