(A) Electronic funds transfers (EFT) including online transfers. The Clerk/Treasurer is authorized to use an electronic funds transfer method of payment of claims/invoices.
(B) Definition. Pursuant to I.C. 36-1-8-11.5(a), ELECTRONIC FUNDS TRANSFER for purposes of this section 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.
(C) Documentation. The Clerk/Treasurer is required to maintain adequate documentation of the above-referenced transactions for future audits, as provided by law.
(Res. 2021-4, passed 2-15-2021)