§ 52-41 Returned Payment Fee.
RCNY § 52-41
(a)A check or money order that is returned to the Commission unpaid, or that is declined or reversed by a bank or other institution will be considered a "bad payment." (b) A person or entity who makes a bad payment to the Commission must pay a fee of $20 for each bad payment. The original payment remains due until both the payment and the $20 fee are paid.
(c)Fines.
(i)If a bad payment is made for a fine, the Chairperson will treat the fine as unpaid until both the fine and the $20 fee are paid.
(ii)If the bad payment is made for a fine owed by a Licensee, the License will be suspended as if the payment had not been made.
(iii)The License suspension will remain in effect until both the fine and the $20 fee are paid.
(d)License and Renewal License Applications.
(iv)If the Commission issues a License before it learns of a bad payment, the Commission can give notice to the Licensee to pay the original payment and the $20 fee within 15 days. The License will terminate automatically unless the Licensee pays both the original payment and the $20 bad payment fee within the 15 day period.
