North Carolina Statutes

§ 54B-147 — Collection of processing fee for returned checks

North Carolina·Ch. 54B Savings and Loan Associations·Art. 6A 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.) §§ 54B-148 through 54B-149. Reserved for future codification purposes.

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Legislative History

(1981 (Reg. Sess., 1982), c. 1238, s. 14; 1985, c. 224.)

Nearby Sections

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