20 Va. Admin. Code § 5-414-30 - Bad check charge

Current through Register Vol. 38, No. 3, September 27, 2021

A LEC's bad check charge shall be governed by this section notwithstanding 20VAC5-10-10. A LEC may impose and collect a charge for every check received in payment of a customer's account, which check is lawfully dishonored by the payor bank. Provided, however, the charge shall be uniformly applied to all customers of the LEC, but in no event shall the individual charge exceed $30.

Notes

20 Va. Admin. Code § 5-414-30
Derived from Virginia Register Volume 25, Issue 7, eff. December 1, 2008.

Statutory Authority

§ 12.1-13 of the Code of Virginia.

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