Section 12481 - Direct deposit with financial institution participating in automated clearing house(a) Notwithstanding any other law, the Controller shall make an agreement with one or more financial institutions participating in the Automated Clearing House pursuant to the local rules, and shall establish a program, for direct deposit by electronic fund transfer of the salary or wages, after any withholding required by law and authorized deductions, of officers and employees of the state who authorize the direct deposit thereof by electronic fund transfer into the person's account at the financial institution of the person's choice.(b) The direct deposit of state payroll pursuant to this section shall be known as the State of California Sure Pay Plan.Amended by Stats 2021 ch 50 (AB 378),s 88, eff. 1/1/2022.Amended by Stats. 1985, Ch. 1344, Sec. 2. Operative January 1, 1987, by Sec. 3 of Ch. 1344.