§ 14-24-121 - Electronic warrants transfer system. - Arkansas Statutes

14-24-121. Electronic warrants transfer system.

(a) The quorum court of each county may, by ordinance, establish 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.