- 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.
Historical Note
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, with an immediate effective date of December 3, 2019 (Supp. 19-4).