Eastern Michigan University Seal

Policies, Rules and Regulations

Chapter Name: Business and Financial Operations

Chapter No. 11.1.9

Issue: Returned Checks

Effective Date: 12-1-78

Revision Date: 12-2-87

A returned item is either (1) check returned by depository as non- negotiable, or (2) bank card item returned by depository as non- negotiable. 

Student returned items are charged to the student account. The fee assessed is also charged to the student account. 

Staff returned items, if unpaid in 60 days are to be collected by the Department Head. 

Non--student, non-staff, if unpaid in 60 days are referred to DPS (Department of Public Safety) for collection. 

The fee is $20.00 per each returned item 

The University reserves the right to waive the fee in cases of documented University or bank error.

 

 

Authority for Creation or Revision:

Minutes of the Board of Regents, December 2, 1987, para. .3626M.