81-14-365 - Collection of processing fee for returned checks. - Mississippi Statutes

§ 81-14-365. Collection of processing fee for returned checks.
 

Notwithstanding any other provision of law, a processing fee may be charged and collected by any savings bank for checks on which payment has been refused by the payor depository institution. A savings bank may also collect such fee for checks drawn on that savings bank with respect to an account with insufficient funds. 
 

Sources: Laws,  1992, ch. 489, § 91; reenacted without change, Laws,  1997, ch. 364, § 93; reenacted without change, Laws, 2001, ch. 457, § 93, eff from and after July 1, 2001.