Section 54-3A-12.1 - Imposition and collection of returned check charge--Maximum.
54-3A-12.1. Imposition and collection of returned check charge--Maximum. The holder of a contract authorized by this chapter may, if the contract so provides, collect a charge not to exceed thirty dollars for each check, draft, order of withdrawal, or similar payment device that is received by the holder in connection with the contract and that is returned for nonpayment for any reason.
Source: SL 2000, ch 228, § 1.