170 Ind. Admin. Code 15-1-4

Current through November 6, 2024

Section 170 IAC 15-1-4 - "Insufficient funds fee" defined

Authority: IC 8-1-1-3

Affected: IC 8-1-2-1.2

Sec. 4.

(a) "Insufficient funds fee" means the fee:

(1) a landlord charges a tenant; or

(2) an association charges a member or co-owner;

to process insufficient funds of a payment.

(b) An insufficient funds fee shall not exceed the actual fee assessed to a landlord or an association by a financial institution resulting from insufficient funds of an instrument received from a:

(1) tenant;

(2) member; or

(3) co-owner;

in payment of charges for water or sewage disposal service.

170 IAC 15-1-4

Indiana Utility Regulatory Commission; 170 IAC 15-1-4; filed Mar 31, 2010, 3:18 p.m.: 20100428-IR-170090790FRA

Readopted filed 7/12/2016, 10:01 a.m.: 20160810-IR-170160168RFA

Readopted filed 7/12/2022, 12:18 p.m.: 20220810-IR-170220116RFA

Filed 4/9/2024, 10:12 a.m.: 20240508-IR-170230776FRA