Arkansas Code § 14-24-121 - Electronic Warrants Transfer System

(a) The quorum court of each county may establish by ordinance an electronic warrants transfer system directly into payees' accounts in financial institutions in payment of any account allowed against the county.

(b) (1) For purposes of this section, counties opting for the electronic warrants transfer system shall establish their own electronic payment method that provides for internal accounting controls and documentation for audit and accounting purposes.

(2) The electronic payment method under subdivision (b)(1) of this section shall be approved by the Legislative Joint Auditing Committee before implementation by the county.

(c) A single electronic warrants transfer may contain payments to multiple payees, appropriations, characters, and funds.

Section: Previous  14-24-105  14-24-106  14-24-107  14-24-108  14-24-109  14-24-112  14-24-114  14-24-115  14-24-116  14-24-117  14-24-118  14-24-119  14-24-120  14-24-121  

Last modified: November 15, 2016