Ky. Rev. Stat. § 41.167

Current through Acts Received April 24, 2024
Section 41.167 - Electronic funds transfers

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.

KRS 41.167

Effective: June 29, 2021

Amended 2021 Ky. Acts ch. 155, sec. 8, effective June 29, 2021. -- Amended 1998 Ky. Acts ch. 118, sec. 9, effective July 15, 1998. -- Created 1982 Ky. Acts ch. 382, sec. 4, effective July 15, 1982.

Amended by 2021 Ky. Acts ch. 155,§ 8, eff. 6/29/2021.
Effective:7/15/1998
Amended 1998, Ky. Acts ch. 118, sec. 9, effective7/15/1998. -- Created 1982 Ky. Acts ch. 382, sec. 4, effective 7/15/1982.