New Jersey Administrative Code
Title 3 - BANKING
Chapter 24 - CHECK CASHING
Subchapter 4 - CHECK CASHING FEES; POSTING; RETURNED CHECKS
Section 3:24-4.3 - Returned check fee; prohibition
Universal Citation: NJ Admin Code 3:24-4.3
Current through Register Vol. 56, No. 6, March 18, 2024
(a) No licensee shall impose any charge or fee for a returned check on the customer who cashes the check.
(b) A licensee may charge a fee to the maker of the check, sufficient to reimburse the licensee for the charge imposed by the bank which returns the check unpaid.
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