Arizona Revised Statutes § 28-372 Returned Checks; Dishonored Electronic Payments; Fees

28-372. Returned checks; dishonored electronic payments; fees

A. The director may assess:

1. The fee specified in section 44-6852 for a check, draft or order that has been dishonored because of insufficient monies, payments stopped or closed accounts.

2. Collection costs.

3. A fee to be determined by the director for each electronic payment that has been dishonored because of insufficient monies, payments stopped or closed accounts.

B. The director shall deposit, pursuant to sections 35-146 and 35-147, fees and costs assessed pursuant to subsection A of this section for dishonored checks, drafts, orders or electronic payments in the state highway fund established by section 28-6991.

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Last modified: October 13, 2016