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La. R.S. 6:121.7

Return of payment; imposition of fee

Known as the Louisiana Banking Law

The act spans §§ 6-1 to 6-5 (36 sections).

Acts 2006, No. 232, §1, eff

The commissioner is authorized to impose a fee of twenty-five dollars on any person who submits a payment with an instrument or other method of payment and which payment is returned unpaid, refused, or declined.

Official source: Louisiana State Legislature. Reproduced from public-domain Louisiana statutes; confirm against the official source for the current text. Not legal advice.