Md. Code Regs. 20.07.05.05

Current through Register Vol. 51, No. 25, December 13, 2024

Section 20.07.05.05 - Assessment of Penalty for Bad Check

A company paying a fee required under Regulations .03 or .04B of this chapter by personal check, that is returned for insufficient funds, shall pay a $25 returned check fee and may be required to submit the fee, the returned check fee, and subsequent fees by another method under Regulation .04 of this chapter, as specified by the Commission.

Regulations .05 adopted as an emergency provision effective July 1, 2002 (29:15 Md. R. 1140); emergency status extended at 30:1 Md. R. 23; emergency status expired February 28, 2003
Regulations .05 adopted effective January 20, 2003 (30:1 Md. R. 28)