Bank charges incurred through erroneous levy; reimbursement
Sec. 10. (a) As used in this section, "bank charges" includes:
(1) a financial institution's customary charge for complying with
an instruction in a levy; and
(2) reasonable charges for overdrafts that are a direct
consequence of the erroneous levy;
that are paid by the taxpayer and not waived or reimbursed by the
financial institution.
(b) A taxpayer may file a claim for reimbursement with the
department for bank charges incurred by the taxpayer as a result of
an erroneous levy under this chapter.
As added by P.L.332-1989(ss), SEC.32.
Last modified: May 28, 2006