Nev. Admin. Code § 360.554

Current through November 8, 2024

Section 360.554 - "Automated clearinghouse" and "ACH" defined

"Automated clearinghouse" or "ACH" means any federal reserve bank, or an organization established in agreement with the National Automated Clearing House Association, that operates as a clearinghouse for transmitting or receiving entries between banks or bank accounts and authorizes an electronic transfer of money between banks or bank accounts.

Nev. Admin. Code § 360.554

Added to NAC by Tax Comm'n by R062-05, eff. 10-31-2005

NRS 360.090, 360.092