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SUBSECTION 2.2.3.6 |
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2.2.3.6.1 |
Electronic Fund Transfers |
Effective Date: |
Sept. 1, 1998 |
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Agency disbursement policies should minimize the cost of making disbursements by using the most cost effective means available, including electronic fund transfers (EFTs). OFM approval is required prior to implementation of electronic disbursement procedures. Refer to the state’s cash management policy at Section 4.3.6. |