NAC360.556. “Automated clearinghouse credit” defined.

Latest version.

“Automated clearinghouse credit” means an electronic transfer of money cleared through the ACH system that is generated by a person instructing the person’s bank to charge his or her bank account and deposit the money in the bank account of the State.

(Added to NAC by Tax Comm’n by R062-05, eff. 10-31-2005)

                    
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