The rules in this chapter 69I-22, F.A.C., govern the disbursement of state funds by direct deposit through electronic funds transfer to persons who are eligible to receive: (a) retirement benefits from the Division of Retirement of the Department of Management Services; or (b) wage payments made by the Chief Financial Officer of the State of Florida; or (c) both retirement benefits and wage payments.
Rulemaking Authority 17.075(2), 17.14, 17.29 FS. Law Implemented 17.075(2), 17.076, 17.14 FS. History-New 7-30-87, Formerly 3A-22.001.

Terms Used In Florida Regulations 69I-22.001

  • 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
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