Iowa Admin. Code r. 371-1.5

Current through Register Vol. 47, No. 11, December 11, 2024
Rule 371-1.5 - Returned checks

In accordance with fair board policy, a fee of $20 will be charged to anyone whose issued document is not honored by the issuing institution, and the issuer could be liable for up to three times the amount of the document with a maximum charge of $500 in accordance with Iowa Code section 554.3513.

Iowa Admin. Code r. 371-1.5

ARC 0163C, lAB 6/13/12, effective 7/18/12