IC 6-8.1-8-10: Bank charges incurred through erroneous levy; reimbursement

Sec. 10. (a) As used in this section, "bank charges" includes:

(1) a financial institution's customary charge for complying with an instruction in a levy; and

(2) reasonable charges for overdrafts that are a direct consequence of the erroneous levy;

that are paid by the taxpayer and not waived or reimbursed by the financial institution.

(b) A taxpayer may file a claim for reimbursement with the department for bank charges incurred by the taxpayer as a result of an erroneous levy under this chapter.