Utah Admin. Code 21-1-3

Current through Bulletin 2024-18, September 15, 2024
Section R21-1-3 - Definitions

In addition to terms defined in Section 63A-3-501, t h e following terms are defined below as follows:

(1) "Delinquent" means any account receivable for which the state has not received payment in full by the payment demand date.
(2) "Designee" means a Private Sector Collector or State Agency that the Office of State Debt Collection has contracted with to provide accounts receivable collection services.
(3) "FINET" means the statewide accounting system centrally administered by the Division of Finance.
(4) "Payment demand date" is the date by which the agency requires payment for the account receivable that an entity has incurred.
(5) "Skipped" means that the entity formerly transacting business with the state is not known at the address or telephone number previously used nor is any new address or telephone number known of the entity.
(6) "Event" is the day the goods are purchased, services completed, fines, fees, and assessments are due, etc.
(7) "OSDC" means the Office of State Debt Collection.
(8) "Trust" means a receivable that is owed to a victim of a crime.

Utah Admin. Code R21-1-3

Amended by Utah State Bulletin Number 2019-17, effective 8/7/2019
Amended by Utah State Bulletin Number 2021-07, effective 3/25/2021