North Carolina General Statutes § 54B-147 Collection of processing fee for returned checks

Notwithstanding any other provision of law, a processing fee may be charged and collected by any association for checks (including negotiable order of withdrawal drafts) on which payment has been refused by the payor depository institution.  An association may also collect said fee for checks drawn on that association with respect to an account with insufficient funds. (1981 (Reg. Sess., 1982), c. 1238, s. 14; 1985, c. 224.)

Sections:  Previous  54B-131  54B-132  54B-133  54B-134  54B-135  54B-136  54B-139  54B-147  54B-150  54B-151  54B-152  54B-153  54B-154  54B-155  54B-156  Next

Last modified: March 23, 2014