Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2016
Revenue and Taxation Code
Part 5. Collection of Taxes
CHAPTER 1. Medium of Payment
2503.1. "Electronic funds transfer." As used in this division, "electronic funds transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to credit or debit an account.
History.—Added by Stats. 1991, Ch. 532, in effect January 1, 1992. Amended by Stats. 2004, Ch. 194 (SB 1832), in effect January 1, 2005.