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HI HB2027

Bill

Official Source

Status

Passed

4/20/2010

Primary Sponsor

Robert Herkes

Click for details

Origin

House of Representatives

2010 Regular Session

AI Summary

  • Amends Hawaii Revised Statutes section 490:3-506.5 to clarify service charges for dishonored checks.

  • Removes the term "reasonable" from the statute, establishing a fixed maximum service charge of $30 for dishonored checks.

  • Applies to payees or holders in due course assessing charges against makers of checks, drafts, or payment orders that are dishonored due to insufficient funds, lack of credit, or no account with the drawee.

  • Takes effect on July 1, 2010.

Legislative Description

Service Charges for Dishonored Checks

Last Action

(S) Act 039, 4/20/2010 (Gov. Msg. No. 497).

4/20/2010

Committee Referrals

Consumer Protection & Commerce1/20/2010

Full Bill Text

No bill text available