Terms Used In Montana Code > Title 15 > Chapter 1 > Part 8 - Payment of Taxes by Electronic Funds Transfer

• Department: means the department of revenue provided for in 2-15-1301. See Montana Code 15-1-801
• 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}
• Electronic funds transfer: means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, that is initiated through an electronic terminal, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to debit or credit an account. See Montana Code 15-1-801
• State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Montana Code 1-1-201
• Taxes: means the taxes provided for in this title, except chapters 70 and 71. See Montana Code 15-1-801