Terms Used In California Codes > Revenue and Taxation Code > Division 2 > Part 26 > Chapter 3 > Article 1.1 - Payment by Electronic Funds Transfer

• board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
• Director: means the Director of the Department of Parks and Recreation. See California Public Resources Code 5096.605
• Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) ^{Source: OCC}
• Fund: means the California Clean Water, Clean Air, Safe Neighborhood Parks, and Coastal Protection Fund created pursuant to Section 5096. See California Public Resources Code 5096.605
• Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
• Person: includes any person, firm, partnership, general partner of a partnership, limited liability company, registered limited liability partnership, foreign limited liability partnership, association, corporation, company, syndicate, estate, trust, business trust, or organization of any kind. See California Revenue and Taxation Code 19
• Secretary: means the Secretary of the Resources Agency. See California Public Resources Code 5096.605
• Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.