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Code · Kentucky · Kentucky Revised Statutes

45.345 Authorization of electronic payment methods for deposit in State Treasury -

134 words·~1 min read·/ky/45-345

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

- Provider fees.
(1)In addition to any payment method authorized by law, and notwithstanding any
statute to the contrary, any state agency may accept the following methods of
payment to secure funds for deposit into the State Treasury:
(a)Credit card;
(b)Debit card;
(c)Electronic check;
(d)Automated clearinghouse
(ACH)debit; or
(e)Any other electronic payment method upon the prior written approval of both
the Finance and Administration Cabinet and the Office of the State Treasurer.
(2)Any fees charged to a state agency by the provider of the payment services listed in
subsection
(1)of this section shall be deemed to represent collection expenses and
may be considered normal operating expenses of the agency, or the agency may
collect convenience fees from users to supplement agency costs of delivering
services.
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