INSUFFICIENT FUNDS CHECKS | Policy Manual

6151 - INSUFFICIENT FUNDS CHECKS

When the District receives a check which is not honored upon presentation to the respective bank or other depository institution, the Treasurer/CFO is authorized to take appropriate action. If payment is not received within twenty (20) days, the payment schedule is not adhered to, or the monies do not appear to be collectable, the Board of Education authorizes the Treasurer to remove the fee or charge from the District's Accounts Receivable and to take appropriate action against the payer. The payer may be charged any cost charged by the District's banking institution for a returned check.