Utah § 67-4-17 - Federal/state cash transfers.

Full text of Utah Utah Code § 67-4-17 — Federal/state cash transfers., with citation guidance and answers to common questions.

§ 67-4-17. Federal/state cash transfers.

67-4-17.  Federal/state cash transfers.
(1)
(a) The state treasurer and the Division of Finance shall enter into an agreement with the United States Secretary of the Treasury that establishes procedures and requirements for implementing the United States Cash Management Improvement Act of 1990.
(b) The agreement shall stipulate that:
(i) the time elapsed between the transfer of funds from the United States Treasury and the redemption of warrants shall be minimized; and
(ii) if the state:
(A) deposits federal funds before the time funds are paid out of the state treasury for the redemption of warrants issued for federal programs, the Division of Finance may pay to the United States Treasury, out of interest earnings on the funds, an interest amount as required by federal regulation; or
(B) disburses its own funds for federal programs, the Division of Finance shall bill the federal government for interest from the time state funds are paid out to redeem warrants until the federal funds are received.
(2) To the degree allowed by federal regulation, all direct costs of calculating the interest may be:
(a) deducted from any interest payments made to the United States Treasury; or
(b) included in any billings to the United States Treasury.


Enacted by Chapter 195, 1991 General Session

Source: official Utah text · Last verified 2026-08-27

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Frequently Asked Questions About Utah § 67-4-17

What does Utah Code § 67-4-17 cover?

Section 67-4-17 ("Federal/state cash transfers.") is part of the Utah Code, the codified statutory law of Utah. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Utah § 67-4-17?

A common citation format is "Utah Code § 67-4-17" (Utah). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Utah law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Utah official source linked on this page or consult a licensed Utah attorney.

How does Utah § 67-4-17 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Utah can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Utah.