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Florida Administrative Code (Last Updated: April 18, 2024) |
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40. Water Management Districts |
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40B. Suwannee River Water Management District |
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40B-1. General And Procedural Rules |
1District funds may be disbursed by wire or electronic transfer. All wire or electronic transfer transactions shall be made according to the following procedure:
25(1) The Executive Director, or the Executive Director’s designee, shall authorize and supervise all wire or electronic transfers of District funds, and shall report all wire or electronic transfer transactions to the Governing Board at its regular meeting following such transaction.
66(2) The Executive Director, or the Executive Director’s designee shall provide written instructions to each financial entity that will be transferring District funds by wire or electronic transfer indicating which District staff shall have the authority to request wire or electronic transfers of District funds, and stating that such financial entity may not wire or electronically transfer District funds without receiving prior instructions for each transfer.
132(3) The Executive Director, or any staff member authorized by the Executive Director to request wire or electronic transfers of District funds as provided in subsection (2) above, shall provide a request for confirmation of transfer and detailed instructions, by email or other electronic communications, telecopy transmission, hand delivery, or U.S. mail, to the financial entity transferring the funds indicating the accounts from and to which District funds are to be transferred prior to each wire or electronic transfer of District funds.
214Rulemaking 215Authority 216373.113, 217373.553 218FS. 219Law 220Implemented 221373.553 222FS. 223History–New 7-22-20.
