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Forest Hills board adopts electronic-transactions resolution under PA 738
Summary
The board authorized district use of electronic transactions and included a resolution (Ref. No. 26-07/09-A) adopting procedures to comply with Public Act 738 of 2002 for ACH and other electronic payments.
The minutes include a formal Resolution to Authorize Electronic Transactions (Ref. No. 26-07/09-A) that cites Public Act 738 of 2002 and authorizes the district to conduct electronic payments, debit, or credit transfers processed through an automated clearing house. The resolution states the board's determination that electronic transactions are in the district's interest and authorizes administration to utilize electronic transactions in compliance with PA 738 and attached procedures and internal controls.
The resolution text identifies that PA 738 permits school districts to enter ACH arrangements for national or governmental organizations that process electronic payments and requires adherence to written procedures and internal controls. The resolution was offered by Board Member Kermode and seconded by Member Terryn, and the full resolution text was incorporated into the minutes as Ref. No. 26-07/09-A.
