Common use of Returned Check Fee Clause in Contracts

Returned Check Fee. You agree to pay a returned check fee if any check or other instrument for payment on your account is returned unpaid in the amount of $20.00, unless applicable law limits this fee to a lesser sum in which case you agree to pay the maximum fee that may be imposed. Unless prohibited by applicable law, this fee will be added to the unpaid balance under the Agreement. Exceptions: District of Columbia residents: you agree to pay a fee equal to the greater of $100 or 2 times the face amount of the returned check provided the check remains unpaid for 30 days after we mail you notice of the returned check in accordance with D.C. Code Xxx. § 28-3152. Maryland residents: you agree to pay a fee of $15.00 if any check for payment on your account is returned unpaid on a second presentment. California and Texas residents: you agree to pay a returned check fee of $15.00.

Returned Check Fee. You agree to pay a returned check fee if any check or other instrument for payment on your account is returned unpaid in the amount of $20.00, unless applicable law limits this fee to a lesser sum in which case you agree to pay the maximum fee that may be imposed. Unless prohibited by applicable law, this fee will be added to the unpaid balance under the Agreement. Exceptions: District of Columbia residents: you agree to pay a fee equal to the greater of $100 or 2 times the face amount of the returned check provided the check remains unpaid for 30 days after we mail you notice of the returned check in accordance with D.C. Code D.C.Code Xxx. § §28-3152. Maryland residents: you agree to pay a fee of $15.00 if any check for payment on your account is returned unpaid on a second presentment. California and Texas residents: residents :you agree to pay a returned check fee of $15.00.