R17-1-201. Definitions

In addition to the definitions prescribed under A.R.S. § 44-6851, the following terms apply to this Article: “Automated clearing house” has the same meaning as pro- vided under A.A.C. R17-8-401. “Electronic payment” means money which is exchanged elec- tronically, including credit card payments, credit transfer, elec- tronic checks, direct debit, and person-to-person payments. “Stale-dated” means a check presented at the paying bank six months or more after the issue date of the check. A stale-dated check is not an invalid check, but the paying bank may deem the check an irregular bill of exchange and return it unpaid.