Common use of Credit Union or Bank Deposits Clause in Contracts

Credit Union or Bank Deposits. The School District shall deduct for credit union or provide for bank deposits upon written designation by the teacher. Such election may be made once per year and shall continue in effect for the balance of that contract year. Cancellation of deduction shall be only upon written notice by the teacher no later than August 1 preceding the first payment of salary. The School District shall provide for electronic transfer or deposit when technically and economically feasible. In the event that the School District is unable to provide for such transfer or deposit for technical or economic reasons, the Association agrees that it will hold the School District harmless from any and all actions by the Association or the persons it represents.

Appears in 5 contracts

Samples: Master Contract, Master Contract, Master Contract

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