SEC. 81-14-365. Collection of processing fee for returned checks.

Notwithstanding any other provision of law, a processing fee may be charged and collected by any savings bank for checks on which payment has been refused by the payor depository institution. A savings bank may also collect such fee for checks drawn on that savings bank with respect to an account with insufficient funds.

SOURCES: Laws, 1992, ch. 489, Sec. 91, eff from and after passage (approved May 8, 1992).

1997 Amendment

Reenacted.

SOURCE: 1997 Laws, Chapter 364, Sec. 93, HB389, Effective July 1, 1997.