Section 21268 Of Article 1. General Provisions From California Government Code >> Division 5. >> Title 2. >> Part 3. >> Chapter 13. >> Article 1.
21268
. The Controller may make an agreement with one or more
financial institutions participating in the Automated Clearing House
pursuant to the local rules, and may establish a program, for the
direct deposit by electronic fund transfer of the benefits, after any
withholding required by law and authorized deductions, of any person
entitled to the receipt of benefits from any state retirement system
who authorizes the direct deposit thereof by electronic fund
transfer into the person's account at the financial institution of
his or her choice.
If the Controller does not make an agreement establishing a
program for direct deposit by electronic fund transfer of the
retirement benefits, the administrative body of any state retirement
system may make such an agreement.