Ariz. Admin. Code § R17-8-404 - Procedures for Payment

A. All electronic funds transfers shall be in compliance with the Nacha Operating Rules and Guidelines.

B. A licensee may remit payments by either ACH credit or ACH debit.

C. A licensee using the ACH credit method shall ensure that all ACH credit transfers are in the CCD+ addenda format and contain all information required by the Department and the licensee's financial institution to process the transfer.

D. A licensee using the ACH debit method shall electronically communicate the following payment information to the state servicing bank:

1. ADOT account number,

2. Payment amount, and

3. Any other information required by the Director.

Notes

Ariz. Admin. Code § R17-8-404

New Section made by final rulemaking at 15 A.A.R. 225, effective March 7, 2009 (Supp. 09-1). Amended by final expedited rulemaking at 25 A.A.R. 3573, effective 12/3/2019.