Arkansas Code
Chapter 229 - General Provisions
§ 14-229-104. Rural water and wastewater entities — Electronic funds transfers

All rural water and rural wastewater entities, however organized, may disburse funds for payment of debts by electronic funds transfer if:
(1) The person responsible for the disbursement maintains a ledger including without limitation the following information:
(A) The name and address of the entity receiving payment;
(B) The routing number of the bank in which the funds are held;
(C) The account number and the accounts clearinghouse trace number pertaining to the transfer; and
(D) The date and amount transferred; and

(2) Written consent for payment by electronic funds transfer is given by the entity to whom the transfer is made.

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