Ind. Code § 24-7-5-5.5

Current through P.L. 171-2024
Section 24-7-5-5.5 - Returned payment fee

A lessor may contract for and charge a returned payment fee not to exceed twenty-five dollars ($25) for each return by a bank or other depository institution of a dishonored check, electronic funds transfer, negotiable order of withdrawal, or share draft issued by the lessee.

IC 24-7-5-5.5

Amended by P.L. 69-2018,SEC. 40, eff. 7/1/2018.
As added by P.L. 213-2007, SEC.31; P.L. 217-2007, SEC.30.