§ 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.)
Structure Vermont Statutes
Title 8 - Banking and Insurance
Chapter 200 - Consumer Protection
§ 10101. Application of consumer protection chapter
§ 10201. Statement of policy on financial privacy
§ 10203. Disclosure of financial records prohibited
§ 10301. Community reinvestment reports
§ 10302. Automated teller machines
§ 10402. Lending reports, disclosures and standards
§ 10404. Home loan escrow accounts
§ 10405. Debt protection agreements
§ 10502. Definitions relating to basic banking
§ 10505. Returned check charges
§ 10506. Unsolicited distribution of cash advance contracts and notes