Sec. 16.5. (a) As used in this section, "electronic funds transfer" means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, that is initiated through an electronic terminal, telephone, or computer or magnetic tape for the purpose of ordering, instructing, or authorizing a financial institution to debit or credit an account.
(b) A library board may adopt a resolution to authorize an electronic funds transfer method of payment of claims. If a library board adopts a resolution under this subsection, the public library may pay money from its funds by electronic funds transfer.
(c) A public library that pays a claim by electronic funds transfer shall comply with all other requirements for the payment of claims by the public library.
As added by P.L.113-2010, SEC.162.
Structure Indiana Code
Chapter 3. Powers and Duties of Class 1 Public Libraries
36-12-3-1. Application of Chapter
36-12-3-3. Authority of Library Board
36-12-3-4. Establishment of Libraries, Branches, or Stations; Museum
36-12-3-5. Real or Personal Property; Acquisition; Disposal
36-12-3-6. Purchase and Loan of Books; Dissemination of Information
36-12-3-7. Contracts for Library Service; Tax Levy
36-12-3-9. Bonds; Issuance; Procedure; Liability for Indebtedness; Tax Exemption
36-12-3-11. Certain Funds; Establishment
36-12-3-13. Authorization of Appropriations by Units; Deposit of Funds
36-12-3-14. Absence of Library Board Member or Employee; Authorization; Expenses
36-12-3-15. Funds for Membership in Certain Associations; Authority to Appropriate
36-12-3-16. Authorization of Disbursements; Purchases
36-12-3-16.5. Electronic Funds Transfer