Ask Reggi Your Question Now

Reggi is the free generative AI assistance for regulatory compliance
Ask a Question

Can you summarize HIRS 490:3-506.5?

Dishonor > Charges for dishonored checks.

Short Summary

The payee or a holder in due course of any check, draft, or order for the payment of money that has been dishonored for lack of funds or credit to pay the check, draft, or order or because the maker has no account with the drawee shall be allowed to assess the maker a service charge of not more than $30. [L 1999, c 48, 1; am L 2006, c 206, 1; am L 2010, c 39, 1]

Jurisdiction

Hawaii

Source
HIRS 490:3-506.5 [https://reggi.cloud.regology.com/regulations/US-HIRS/US-HIRS_T_2_T_27_C_490_SC_3_P_5_S_506.5]