§ 11:503 Payment by electronic funds transfer

Terms Used In Louisiana Revised Statutes > Title 11 > Subtitle II > Chapter 1 > Part IV > Subpart G - Electronic Funds Transfer

  • Board: means the Board of Trustees of the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403
  • 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
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • Member: means any person included in the membership of the system. See Louisiana Revised Statutes 11:403
  • person: includes a body of persons, whether incorporated or not. See Louisiana Revised Statutes 1:10
  • Retirement: means termination of active service, with a retirement allowance granted under the provisions of this Chapter. See Louisiana Revised Statutes 11:403
  • State: means the state of Louisiana. See Louisiana Revised Statutes 11:403
  • System: means the Louisiana State Employees' Retirement System. See Louisiana Revised Statutes 11:403