{"code":"RTC","codeName":"Revenue and Taxation Code","section":"2503.1","citation":"Rev. & Tax. Code, § 2503.1","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. PROPERTY TAXATION [50. - 5911.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1"},{"name":"PART 5. COLLECTION OF TAXES [2501. - 3205.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-5"},{"name":"CHAPTER 1. Medium of Payment [2501. - 2516.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-5/chapter-1"}],"history":"Amended by Stats. 2004, Ch. 194, Sec. 4.   Effective January 1, 2005.","effective":"2005-01-01","html":"<p>As used in this division, “electronic funds transfer” means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to credit or debit an account.</p>","text":"As used in this division, “electronic funds transfer” means any transfer of funds, other than a transaction originated by check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic instrument, or computer or magnetic tape so as to order, instruct, or authorize a financial institution to credit or debit an account.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/medium-of-payment-2503-1","source":"California Legislative Information bulk export (pubinfo)"}