Virginia Administrative Code (Last Updated: January 10, 2017) |
Title 20. Public Utilities and Telecommunications |
Agency 5. State Corporation Commission |
Chapter 414. Bad Check Charges and Late Payment Charges |
Section 30. Bad check charge
Latest version.
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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.
Historical Notes
Derived from Volume 25, Issue 07, eff. December 1, 2008.
Statutory Authority
§ 12.1-13 of the Code of Virginia.