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Section 81-14-365 - Collection of processing fee for returned checks — Mississippi Law | CourtGPT
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  7. Section 81-14-365 - Collection of processing fee for returned checks
Mississippi Legal Code

Section 81-14-365 - Collection of processing fee for returned checks

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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.Laws, 1992, ch. 489, § 91; reenacted without change, Laws, 1997, ch. 364, § 93; reenacted without change, Laws, 2001, ch. 457, § 93, eff. 7/1/2001.