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#1191623 - 05/28/09 03:14 PM commercial account charges
New to CRA Offline
Junior Member
Joined: Jun 2006
Posts: 42
Help...

does anybody know if there's a state or federal restriction on what banks may charge for returned items on commercial/business checking accounts?

I'm told there's a specific dollar amount but can't find anywhere under UCC code that would specify. If anybody can provide any info or lead i would appreciate it. Thanks.

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#1192271 - 05/29/09 02:37 AM Re: commercial account charges New to CRA
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,364
Galveston, TX
There is nothing at the Federal level and a search of the Illinois Compiled Statutes did not result in any hits.
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