A licensee may collect the fee for returned checks to the extent permitted by G.S. 25-3-506. This section shall apply to any loan made by any licensee under this Article.
N.C. Gen. Stat. § 53-175
Fee for returned checks
Known as the North Carolina Consumer Finance Act
The act spans §§ 53–53 (29 sections).
Applied in 1 court decision — leading case Herndon v. ITT Consumer Financial Corp. (1992)
Most recently applied in Herndon v. ITT Consumer Financial Corp. (April 1992)
1961, c. 1053, s. 1; 1969, c. 1303, s. 23; 1981, c. 561, s. 4; 1983, c. 68, s. 1; c. 126, s. 12; 1989, c. 17, s. 5; 1995 (Reg
Official source: North Carolina General Assembly. Reproduced from public-domain North Carolina statutes; confirm against the official source for the current text. Not legal advice.