Section 750.41  Penalty for Not Sufficient Funds (NSF) Checks

Participants who deposit checks with not sufficient funds shall be charged a fee of $15.00.  The fee will be charged to the participant's account and shown separately on the participant's monthly statement.  If the check is to open a new account, the fee will be charged directly to the applicant by mailing a statement to the applicant's residence.

(Source:  Added at 16 Ill. Reg. 17359, effective October 28, 1992)