Section R17-8-403. Electronic Funds Transfer Declaration

A.       Prior to remitting an initial payment by electronic funds trans- fer, and within 30 days prior to any change in the method of

payment transfer, a licensee shall file with the Department an electronic funds transfer declaration.

B.       The electronic funds transfer declaration shall be made on a form approved by the Department and shall contain the fol- lowing:

1.        Licensee name,

2.        Licensee Employer Identification Number (EIN),

3.        Business address,

4.        MVD account number,

5.        Fee or tax type,

6.        Either ACH credit or ACH debit payment method,

7.        Name and phone number of contact person, and

8.        Any other information required by the Director.

Historical Note

New Section made by final rulemaking at 15 A.A.R. 225, effective March 7, 2009 (Supp. 09-1).