Ala. Admin. Code r. 440-X-3-.12

Current through Register Vol. 43, No. 1, October 31, 2024

Section 440-X-3-.12 - Dishonored Checks

The Board may charge a dishonored check fee as set by the Code of Alabama and established by these regulations for any check that has been dishonored by the financial institution that it was drawn on. Pursuant to Code of Ala. 1975, § 8-8-15, this fee must accompany a new payment in guaranteed funds. The Board may suspend the certified contractor's license until the dishonored check plus the dishonored check fee has been received by the Board and cleared by the payer's financial institution.

Ala. Admin. Code r. 440-X-3-.12

New Rule: Filed August 14, 2009; effective September 18, 2009.

Adopted by Alabama Administrative Monthly Volume XLI, Issue No. 02, November 30, 2022, eff. 1/14/2023.

Author: Jeffrey M. Becraft

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