Utah Admin. Code R21-1-3 - Definitions
(1) "Accounts
receivable" or "receivable" means the same as defined in Section
63A-3-501.
(2) "Administrative offset" means the same as
defined in Section
63A-3-501.
(3) "Criminal accounts receivable" means the
same as defined in Section 63A-3-501.
(4) "Delinquent" means any account receivable
for which the state has not received payment in full by the payment due
date.
(5) "Event" means the day
that goods are purchased, services are completed, or fines, fees, and
assessments are due.
(6) "FINET"
means the statewide accounting system centrally administered by the Division of
Finance.
(7) "OSDC" means the
Office of State Debt Collection, created under Section
63A-3-502.
(8) "Payment due date" means the date by
which the agency requires payment for the account receivable that an
individual, corporation, partnership, or organization has incurred.
(9) "Postjudgment interest" means interest
that is accrued according to the rate described in Subsection
15-1-4(3)(a).
(10) "Trust" means a receivable that is owed
to a victim of a crime.
(11)
"Write-off" means the same as defined in Section
63A-3-501.
Notes
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