™Your Policy Risk Impact Agent
8 chapters · 57 sections in this title.
Utah Code § 15-6-1 Short title.
0.1K chars
15-6-1. Short title. This act shall be known and may be cited as the "Utah Prompt Payment Act."
Utah Code § 15-6-2 Time for payment by state agencies.
0.5K chars
15-6-2. Time for payment by state agencies. (1) An agency of the state of Utah which acquires property or services pursuant to a contract with a business shall pay for each complete delivered item of property or service on the date required by contract between such business and a…
Utah Code § 15-6-3 Interest on payments by state agencies.
0.9K chars
15-6-3. Interest on payments by state agencies. (1) Interest shall accrue and be charged on payments overdue under Sectionat 2% above the rate paid by the Internal Revenue Service on refund claims. 15-6-2 This rate is established and adjusted on a quarterly basis and shall be app…
Utah Code § 15-6-4 Disputed payments excepted.
0.2K chars
15-6-4. Disputed payments excepted. If the agency fails to pay the amount due on time because of a dispute between the agency and the business over the amount due or over compliance with the contract, the provisions of this chapter do not apply.