ACH Rules Law and Legal Definition

According to 31 CFR 210.2 [Title 31 -- Money and Finance: Treasury; Subtitle B -- Regulations Relating to Money and Finance; Chapter II -- Fiscal Service, Department of the Treasury; Subchapter A -- Financial Management Service Part 210 -- Federal Government Participation in the Automated Clearing House], ACH Rules means "the Operating Rules and the Operating Guidelines published by NACHA -- The Electronic Payments Association (NACHA), a national association of regional member clearing house associations, ACH (Automatic Clearing House) Operators and participating financial institutions located in the United States."