- (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.
KEY: accounts receivable, collection transfer
Date of Last Change: October 10, 2024
Notice of Continuation: March 10, 2022
Authorizing, and Implemented or Interpreted Law: 63A-3-502(3)(m); 63A-3-502(4)(g); 63A-3-502(6)(a); 63A-3-502(6)(b); 63A-3-502(7)(f); 15-1-4