Code of Maryland Regulations
Title 25 - OFFICE OF THE STATE TREASURER
Subtitle 03 - TREASURY MANAGEMENT
Chapter 25.03.02 - Alternative Methods of Funds Transfer
Section 25.03.02.04 - Payment Procedure
Universal Citation: MD Code Reg 25.03.02.04
Current through Register Vol. 51, No. 19, September 20, 2024
A. The Central Payroll Bureau shall transmit an employee's biweekly net pay to the institution designated by the employee as set forth in Regulation .03B of this chapter.
B. The Central Payroll Bureau shall give an employee who receives net pay through electronic funds transfer a biweekly advice statement that reflects the following:
(1) Total amount of biweekly pay;
(2) Amounts deducted from the biweekly pay;
and
(3) The portion of the biweekly
pay electronically transferred.
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