State bank account definition

State bank account means state moneys or fee agency account moneys deposited in accordance with the provisions of this act.
View Source
State bank account means the rights, interests, and entitlements established in favor of a depositor with respect to a deposit in accordance with this chapter and rules adopted under this chapter.
View Source

Examples of State bank account in a sentence

  • For Medical Assistance program refunds deposited into a New York State bank account other than the State's General Checking Account, the State's interest liability for the Federal percentage of such refunds will be calculated on the average daily available balance in the account.

  • The payment transfer to other Lithuania or EU Member State bank account shall be executed at the same business day if Payment Order is made until 12 pm (noon) and next business day if it is made after 12 pm (noon).

  • Reimbursement The State shall schedule the receipt of Federal funds such that the funds are received and credited to a State bank account on or after the date the funds have been disbursed from the State's funds, in most instances.

  • Federal programs are loaded in the NHFirst activity subsystem with clearance pattern and other characteristics such that when an expenditure occurs, the system calculates what day federal funds should be drawn down to be received in a State bank account on the same day that bank account is debited for the expenditure.

  • Reimbursement The State shall schedule the receipt of Federal funds such that the funds are received and credited to the State bank account on or after the date the funds have been disbursed from the State's funds, in most instances.

  • The State shall schedule the receipt of Federal funds such that the funds are received and credited to a State bank account on or after the date the funds have been disbursed from the State's funds, in most instances.

  • Pay out - This term means to debit a State bank account for the purpose of making a payment.

  • The State shall fund the Contractor as provided under this Section A.5 upon receipt of an ACH debit from the Contractor to a designated State bank account.

  • If the Federal funds are requested to be received into a State bank account the same day that warrant and EFT transaction request vouchers are submitted, the average clearance patterns shall be determined according to Section 7.1 of this Agreement.

  • Landlords must place these funds in a New York State bank account separate from their personal accounts.