12C.12  Service charge by depository.

A depository may make reasonable service charges with respect to the handling of public funds, but the service charges shall not be greater than the depository customarily requires from other depositors for similar services.

Section History: Early form

  [C66, 71, 73, 75, 77, 79, 81, § 453.12]

Section History: Recent form

  84 Acts, ch 1230, § 16

  C93, § 12C.12

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Last update: Thu Mar 18 15:00:31 CST 1999
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