Utah Statutes

§ 63A-3-506 — Allocation of funds.

Utah·Title 63A Utah Government Operations Code·Ch. 63A-3 Division of Finance·Part 63A-3-5 Office of State Debt Collection
(1)Except as provided in Subsection (2), the money collected by the office less the office's fees shall be allocated on a prorated basis to the various revenue types that generated the accounts receivable.
(2)Notwithstanding the requirements of Subsection (1):
(2)(a) federal cost allocation requirements for specific accounts receivable related to programs that are supported by federal funds take precedence over other cost allocation methods provided in this section; and
(2)(b) the office shall use interest and fees collected on past due accounts receivable as provided in Section 63A-3-505.

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Legislative History

Renumbered and Amended by Chapter 79, 2011 General Session

Nearby Sections

15
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