California · Financial Code
FIN §18218.5: With respect to a loan under this division, a fee not to exceed fifteen dollars ($15) for return by a depository institution of a dishonored check, negotiable order of withdrawal, or share draft may b
What this law says, in plain English
A depository institution may charge a fee up to $15 when a check, negotiable order of withdrawal, or share draft is returned dishonored.
Read the full statutory text
With respect to a loan under this division, a fee not to exceed fifteen dollars ($15) for return by a depository institution of a dishonored check, negotiable order of withdrawal, or share draft may be charged and collected by the licensee. The fee is not included in charges as defined in this division or in determining the applicable maximum charges which may be made under this article.
Verify at the official source: California legislative text
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