59-1-1702. Definitions.
159 words·~1 min read·
/ut/title-59/chapter-1/59-1-1702·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Effective 1/1/2017
59-1-1702. Definitions.
As used in this part:
(1)"Agreement" means an agreement described in Section 59-1-1704 between a depository institution and the commission.
(2)"Delinquent taxpayer" means a person against whom the commission is considered to have obtained a judgment for a liability under Section 59-1-1414 .
(3)"Depository institution" is a depository institution described in Section 7-1-103 that holds or receives deposits, savings, or share accounts.
(4)"Depository institution data match system" means the database that the commission develops, maintains, and operates in accordance with Section 59-1-1703 .
(5)"Identifying information" means:
(a)the name of the account holder;
(b)the social security number of the account holder; or
(c)other identifying information.
(6)"Liability" means the same as that term is defined in Section 59-1-1402 .
(7)"Satisfy a liability" means to pay in full a liability that is the subject of a levy under this part.
Enacted by Chapter 326 , 2016 General Session