NAC360.558. “Automated clearinghouse debit” defined.

Latest version.

“Automated clearinghouse debit” means a transaction in which the Department, through its designated vendor, originates an automated clearinghouse transaction debiting a person’s bank account and crediting the bank account of the State for an amount due.

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

                    
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