Texas Local Government Code 144.001 – Transfer System Authorized
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(a) A municipality may establish and operate an electronic funds transfer system to transfer the following items directly into officers’ and employees’ accounts in financial institutions only:
(1) the net pay of the officers and employees;
(2) payments for the travel and subsistence of the officers and employees; and
(3) all other forms of compensation, payment, or reimbursement paid to the officers and employees.
(b) The authority granted by this chapter may not be restricted by a municipal charter.
Terms Used In Texas Local Government Code 144.001
- Electronic funds transfer: The transfer of money between accounts by consumer electronic systems-such as automated teller machines (ATMs) and electronic payment of bills-rather than by check or cash. (Wire transfers, checks, drafts, and paper instruments do not fall into this category.) Source: OCC
- Municipality: means a general-law municipality, home-rule municipality, or special-law municipality. See Texas Local Government Code 1.005