Resolution to Authorize Use of Electronic Funds Transfers (EFT) and Automated Clearing House (ACH) Arrangements

Sep 15, 2026

Uploaded by Jasmine

Formal township board resolution authorizing the use of electronic funds transfers (EFT) and automated clearing house (ACH) arrangements for certain public-fund transactions. The resolution cites legal authority under Public Act 738 of 2002, effective December 30, 2002, allowing electronic payment, debit, or credit transfers processed through an ACH network. It authorizes township participation in electronic transactions in accordance with written procedures and internal controls established by the treasurer as the township’s ACH policy and submitted to the board.

LanguageEnglish

CategoryLetters

FormatPDF

Pages1

AccessFree to download

Resolution to Authorize Use of Electronic Funds Transfers (EFT) and Automated Clearing House (ACH) Arrangements

Recitals and Legal Authority

Authorization, Compliance, and Vote Record

Adoption Declaration and Clerk Signature

FAQs

What does the resolution authorize?

It authorizes the township to use electronic transactions (EFT and ACH) for certain public-fund financial transactions in compliance with the township treasurer’s ACH policy and internal controls.

Which legal authority is referenced?

The resolution references Public Act 738 of 2002, effective December 30, 2002, which permits electronic transactions involving public funds via automated clearing house arrangements.

What action is required after the resolution is adopted?

The township supervisor declares the resolution adopted, and the resolution is finalized with the clerk’s signature and printed name.

Sep 15, 2026

Uploaded by Jasmine