32 V.S.A. § 404: Returned payments; penalty
Where this section sits in the code
- Title 32: Taxation and Finance
- Chapter 007: The Public Monies
- Subchapter 001: ACCOUNTING
(a) Agencies and departments of State government may assess a penalty of $20.00 against the issuer for each payment for amounts due in the form of a check, draft, electronic payment, or other acceptable forms of payment that have been dishonored for lack of funds or credit to pay the same.
(b) Such penalty collected shall be credited to a special fund established and managed pursuant to chapter 7, subchapter 5 of this title, or to another budgeted fund other than the General Fund, and shall be available to the agency or department to offset the costs of collecting the amount owed.
Collected 2026-09-05T17:17:10Z. Source file · JSON