Ala. Admin. Code r. 545-X-4-.11

Current through Register Vol. 43, No. 1, October 31, 2024
Section 545-X-4-.11 - Dishonored Checks

In the event a check, draft, or other negotiable instrument drawn on a bank or depository institution which has been made payable the Commission is dishonored by the financial institution on which it was drawn, the Commission shall charge a dishonored check fee in the amount of $30.00. The Commission shall not process or shall rescind as incomplete any application, license, certificate, or renewal thereof until such time as the original fee and the additional dishonored check fee provided for herein has been received by the Commission. After a check, draft, or other negotiable instrument has been dishonored, the Commission may delay processing of any application, certificate, or renewal until a subsequent check or draft has been honored, or the Commission may require payment by certified funds.

Ala. Admin. Code r. 545-X-4-.11

Adopted by Alabama Administrative Monthly Volume XXXIX, Issue No. 11, August 31, 2021, eff. 10/15/2021.

Authors: Wallace D. Mills, Effie Hawthorne

Statutory Authority:Code of Ala. 1975, § 8-8-15.