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Code · Kentucky · Chapter 41 — Department of the treasury

41.167 Electronic funds transfers.

80 words·~1 min read·/ky/chapter-41/41-167

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The State Treasurer may withdraw funds from or deposit funds in the State Treasury by means of electronic funds transfers. The Finance and Administration Cabinet shall obtain a payee's prior, written consent for the payment of funds due him or her from the State Treasury by means of direct deposit rather than by means of a paper check issued to him or her. A single authorization may be granted for multiple payments to a payee by means of direct deposit.
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