Florida Statutes 1010.11 – Electronic transfer of funds
Current as of: 2024 | Check for updates
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Pursuant to the provisions of s. 215.85, each district school board, Florida College System institution board of trustees, and university board of trustees shall adopt written policies prescribing the accounting and control procedures under which any funds under their control are allowed to be moved by electronic transaction for any purpose including direct deposit, wire transfer, withdrawal, investment, or payment. Electronic transactions shall comply with the provisions of chapter 668. However, a district school board is exempt from the requirements of s. 668.50(18)(b).