§ 4-15-5.9-2 — Deposit of compensation in employee's account in a financial institution; written request by employee

Indiana § 4-15-5.9-2

• Jurisdiction: Indiana
• Art. 15: PERSONNEL ADMINISTRATION
• Ch. 5.9: Biweekly Payroll Payments

Text

(a) A state employee may make a written
request that any compensation due from the state be deposited to the
employee's account in a financial institution. Upon receipt of the
request, the state comptroller may:
(1) draw a warrant in favor of the financial institution set forth in
the request for the credit of the employee;
(2) in the event more than one (1) employee of the state
designates the same financial institution, draw a single warrant in
favor of the financial institution for the total amount due the
employees and transmit the warrant to the financial institution
identifying each employee and the amount to be deposited in each
employee's account; or
(3) make a direct deposit to the bank or trust company by
electronic funds transfer under IC 4-13-2-7.
(b) The employee's written request shall authorize in advance the
direct deposit by warrant or electronic funds transfer of the employee's
earnings each time a payroll warrant or electronic funds transfer is
issued on the employee's behalf. The employee's written authorization
must designate a financial institution and an account number to which
the payment is to be credited. The employee's authorization remains in
effect until the employee revokes it in writing.

Legislative History

As added by P.L.23-1985, SEC.4. Amended by P.L.9-2024, SEC.97.