There is a newer version of the South Carolina Code of Laws
2014 South Carolina Code of Laws
Title 34 - Banking, Financial Institutions and Money
CHAPTER 30 - A STATE SAVINGS BANK CHARTER IN SOUTH CAROLINA
SECTION 34-30-1700. Checks refused for payment, insufficient funds; processing fees.
SC Code § 34-30-1700 (2014) What's This?
Notwithstanding other law, a state savings bank may charge and collect a processing fee for checks on which payment has been refused by the payor depository institution. A state savings bank also may collect a processing fee for checks drawn on that state savings bank with respect to an account with insufficient funds.
HISTORY: 1997 Act No. 90, Section 1, eff June 10, 1997.
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