An authorization shall be revoked if any of the following occurs:

1. (a) Receipt of a written request to revoke an authorization from the EFT recipient.
2. (b) Notification from the receiving financial institution that the authorization included erroneous information that resulted in the rejection of the EFT.
3. (c) Any circumstance where execution of the EFT results in a fraudulent payment.
4. (d) Receipt of a written request to revoke by the department of management and budget, the department of treasury, the employee's personnel office, or the bureau of retirement systems.

History: 1994 AACS.