California Code of Regulations
Title 2 - Administration
Division 2 - Financial Operations
Chapter 2 - State Controller
Subchapter 8 - Unclaimed Property Law
Article 1.5 - Electronic Funds Transfer of Cash Unclaimed Property
Section 1155.400 - ACH Credit
Current through Register 2024 Notice Reg. No. 38, September 20, 2024
(a) Payment Contact
To remit unclaimed property by ACH Credit, your financial institution must originate your payment by using the Cash Concentration or Disbursement plus Tax Payment Addendum (CCD+TXP) format adopted by the National Automated Clearing House Association and endorsed by the Federation of Tax Administrators.
(b) Account Number
Use the State Controller's bank account number when remitting unclaimed property by ACH credit.
(c) Reference Number
A copy of your proof of transfer must be attached to your annual unclaimed property report.
1. New section filed 3-26-98; operative 4-25-98 (Register 98, No. 13).
Note: Authority cited: Sections 1532(a) and 1580, Code of Civil Procedure. Reference: Section 1532, Code of Civil Procedure.