2006 Code of Virginia § 2.2-4801 - Definitions

2.2-4801. Definitions.

As used in this chapter, unless the context requires a different meaning:

"Administrative offset" includes, but is not limited to, offsetting anymonies, except those specifically exempted by state or federal law, paid byagency or institution for a debt owed to any other state agency orinstitution.

"Accounts receivable" refers to the classification of debts due theCommonwealth, including judgments, fines, costs, and penalties imposed uponconviction for criminal and traffic offenses, and as defined in theguidelines adopted by the State Comptroller.

"Discharge" means the compromise and settlement of disputes, claims, andcontroversies of the Commonwealth by the Office of the Attorney General asauthorized by 2.2-514.

"Past-due" means any account receivable for which payment has not beenreceived by the payment due date.

"State agency and institution" means any authority, board, department,instrumentality, agency or other unit in any branch of state government. Theterm shall not include any county, city or town, or any local or regionalgovernmental authority or any "nonstate agency" as defined in theappropriation act.

"Write-off" means a transaction to remove from an agency's financialaccounting records an account receivable that management has determined to beuncollectible.

(1988, c. 544, 2.1-726; 1994, c. 565; 2001, c. 844.)