Form Eft-1-V - Agreement For Voluntary Electronic Funds Transfer (Eft) Participants Page 3
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36. The Commissioner shall have the right to terminate this agreement at any time and shall promptly
notify Taxpayer in writing of such termination and the effective date thereof Taxpayer shall have the right
to terminate this agreement and withdraw from th EFT program, but only at the end of a calendar year.
The election to be removed from the EFT program must be submitted by Taxpayer in writing to the Sales
& Use Tax Section at least one (1) month prior to the end of the calendar year.
7. This instrument shall not constitute a contract until accepted in writing by an authorized
representative of each party.
8. Each party acknowledges that pursuant to Ark. Code Ann. '26-19-102, they shall be bound by the
provisions of the Arkansas Tax Procedure Act (Ark. Code Ann. '26-18-101 et seq.).
9. This contract is executed in the City of Little Rock, State of Arkansas, and shall be construed under
the laws of the State of Arkansas, and the parties agree that any action relating to this contract shall be
instituted and prosecuted in the Courts of the County of Pulaski, State of Arkansas and each party waves
the right to change the venue.
10. This instrument contains the entire agreement between the parties, and no statements, promises, or
inducements made by either party or agent of either party that are not contained in this written contract
shall be valid or binding. Form EFT-1 is attached hereto and incorporated herein.
TAXPAYER
By:
Signature
Title
Company Name
Permit Number
Date
FEIN
COMMISSIONER OF REVENUES, STATE OF ARKANSAS
By:
Signature
Title
Date
Form EFT-1-V
(R 10/06)
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