Can operator/payor force ACH deposits under Oklahoma law?
The ACH question was brought up in an OK NARO board meeting. One of the directors answered and said to send a copy of the OK statute with the pertinent section highlighted and say something along the lines of "I do not agree to the electronic means. I request that I receive a paper check and a complete paper statement without charge. The PSRA (Production Revenue Standards Act) allows for electronic means but only under mutual written consent which I am hereby withholding under Title 52, Chapter 13A Section 570.12. "
Cite as: 52 O.S. § 570.12 (OSCN 2023).
Send by certified mail return receipt so that you have a copy of the letter.
Send the following Statute section in your letter.
PS- I am not giving legal advice but see if this works.
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I have been using ACH payments for years and like it very much. What am I missing? How come so many people don’t like using it?
Some people like checks. Some trusts don’t allow ACH. May be some other reasons.
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