Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Revenue and Taxation Code

Property Taxation

Part 5. Collection of Taxes

CHAPTER 1. Medium of Payment

Section 2503.1

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.