Utah § 63A-3-505 State Debt Collection Fund.

Utah Statutes

§ 63A-3-505 — State Debt Collection Fund.

Utah § 63A-3-505

Title 63AUtah Government Operations Code

Ch. 63A-3Division of Finance

Part 63A-3-5Office of State Debt Collection

This text of Utah § 63A-3-505 (State Debt Collection Fund.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 63A-3-505 (2026).

Text

(1)There is created an expendable special revenue fund entitled the "State Debt Collection Fund."

(2)The fund consists of:

(2)(a) all amounts appropriated to the fund under this chapter;

(2)(b) fees and interest described in Subsection 63A-3-502(4)(g); and

(2)(c) except as otherwise provided by law, all postjudgment interest collected by the office or the state, except postjudgment interest on a civil judgment of restitution.

(3)Money in this fund shall be overseen by the office and may be used to pay for:

(3)(a) the costs of the office in the performance of the office's duties;

(3)(b) a civil judgment of restitution for which debt is owed;

(3)(c) interest accrued that is associated with the debt;

(3)(d) principal on the debt to the state agencies or other entities that placed the recei

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(1) There is created an expendable special revenue fund entitled the "State Debt Collection Fund."
(2) The fund consists of:
(2)(a) all amounts appropriated to the fund under this chapter;
(2)(b) fees and interest described in Subsection 63A-3-502(4)(g); and
(2)(c) except as otherwise provided by law, all postjudgment interest collected by the office or the state, except postjudgment interest on a civil judgment of restitution.
(3) Money in this fund shall be overseen by the office and may be used to pay for:
(3)(a) the costs of the office in the performance of the office's duties;
(3)(b) a civil judgment of restitution for which debt is owed;
(3)(c) interest accrued that is associated with the debt;
(3)(d) principal on the debt to the state agencies or other entities that placed the receivable for collection;
(3)(e) other legal obligations including those ordered by a court; and
(3)(f) deputy court clerks who work exclusively on debt collection activities.
(4) (4)(a) The fund may collect interest.
(4)(b) All interest earned from the fund shall be deposited into the General Fund.
(5) The office shall ensure that money remaining in the fund at the end of the fiscal year that is not committed under the priorities established under Subsection (3) is deposited into the General Fund.