4.45 - Insufficient Fund Checks and Debt Recovery

Insufficient Fund Checks
The Superintendent or designee is responsible for collecting the maximum fee authorized by State law for returned checks written to the District that are not honored upon presentation to the respective bank or other depository institution for any reason. The Superintendent is authorized to contact the District’s attorney whenever necessary to collect the returned check amount, fee, collection costs and expenses, and interest.
Delinquent Debt Recovery
The Superintendent is authorized to seek collection of delinquent debt owed the District. to the fullest extent of the law. After internal efforts are exhausted, services of an outside entity may be used. The selection process for such service should consider the entities causes and ability to maximize the return to the District
LEGAL REF.: 15 ILCS 405/10.05 and 10.05d.
810 ILCS 5/3-806.
ADOPTED: October 4, 1999
REVISED: December 20, 2012, March 22, 2018
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