For the purpose of these rules, the following terms are defined as follows:
    (1) The Treasury. The Treasury is the Chief Financial Officer.
    (2) Financial Institution. An association, bank, industrial savings bank, trust company, international bank agency, or representative office, or credit union.
    (3) Banking Services. Banking services consist of any contracted service activity that is provided by a financial institution or is a service which facilitates agency banking activities. This includes general depository services, automated clearing house (ACH) processing, electronic data interchange (EDI) servicing, investment services, and other associated data processing and consulting services. Also included are banking activities related to clients of the state, for example: Wards of the State, or individuals receiving benefits of a financial nature, within the control of a state agency.
Rulemaking Authority 17.29 FS. Law Implemented Florida Statutes § 17.57. History-New 2-1-93, Amended 5-10-94, Formerly 4C-9.003.