Borough of Madison, NJ Chapter 157 Service Charge for Returned Checks

[HISTORY: Adopted by the Mayor and Council of the Borough of Madison 5-30-2007 by Ord. No. 34-2007. Amendments noted where applicable.]

§ 157-1 Service charge amount.

In accordance with N.J.S.A. 40:5-18, a service charge of $20 shall be added to any account owing to the Borough of Madison when payment is tendered by check or other written instrument which is returned for insufficient funds.

§ 157-2 Tax or special assessment accounts.

Whenever an account owing to the Borough of Madison is for a tax or special assessment, the service charge authorized by § 157-1 shall be included on any list of delinquent accounts which is prepared for the enforcement of the lien.

§ 157-3 Collection of service charge.

Any service charge authorized by § 157-1 shall be collected in the same manner prescribed by law for the collection of the account for which the check or other written instrument was tendered. In addition, the governing body may require future payments to be tendered in cash or by certified or cashier's check.