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2020 Vermont Statutes
Title 8 - Banking and Insurance
Chapter 200 - Consumer Protection
§ 10505. Returned check charges
Universal Citation: 8 V.S.A. § 10505.
§ 10505. Returned check charges
No depository institution or credit union shall assess a returned check charge or similar charge against a depositor for the costs of processing a check received by that depositor and returned for nonsufficient funds by the institution upon which it was drawn. (Added 1999, No. 153 (Adj. Sess.), § 2, eff. Jan. 1, 2001; amended 2001, No. 73 (Adj. Sess.), § 1, eff. Feb. 2, 2002.)
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