Iowa Code r. 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.

Notes

Iowa Code r. 371-1.5
ARC 0163C, IAB 6/13/12, effective 7/18/12
ARC 0163C, lAB 6/13/12, effective 7/18/12

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