§ 6-8.1-8-10 — Bank charges incurred through erroneous levy; reimbursement

Indiana § 6-8.1-8-10

• Jurisdiction: Indiana
• Art. 8.1: DEPARTMENT OF STATE REVENUE; TAX
• Ch. 8: Collection

Text

(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.

Legislative History

As added by P.L.332-1989(ss), SEC.32.