Sec. 10. (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.166.
Structure Indiana Code
Chapter 7. Class 2 Public Libraries
36-12-7-1. Application of Chapter
36-12-7-3. Use of Local Library; Fees; Fines
36-12-7-6. 1852 Subscription Libraries; Corporate Existence and Powers; Organization; Tax Levy
36-12-7-8. Certain Libraries Established by Private Donation; Tax Levy; Report
36-12-7-10. Electronic Funds Transfer
36-12-7-13. Funds for Membership in Certain Associations; Authority to Appropriate