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Code · Utah · Title 63A — Utah Government Operations Code · Chapter 3

63A-3-506. Allocation of funds.

107 words·~1 min read·/ut/title-63a/chapter-3/63a-3-506

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63A-3-506. Allocation of funds.
(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):
(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
(b)the office shall use interest and fees collected on past due accounts receivable as provided in Section 63A-3-505 .
Renumbered and Amended by Chapter 79 , 2011 General Session
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