63A-8-302 - Allocation of funds. - Utah Statutes

63A-8-302. Allocation of funds.
(1) Except as provided in Subsection (2), the money collected by the office less theoffice's fees shall be allocated on a prorated basis to the various revenue types that generated theaccounts receivable.
(2) Notwithstanding the requirements of Subsection (1):
(a) federal cost allocation requirements for specific accounts receivable related toprograms that are supported by federal funds take precedence over other cost allocation methodsprovided in this section; and
(b) the office shall use interest and fees collected on past due accounts receivable asprovided in Section 63A-8-301.

Amended by Chapter 279, 1999 General Session