insufficient funds


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References in periodicals archive ?
The most frequently occurring supply barriers of examined enterprises in the period of 2001-2005 include: insufficient funds, limited access to bank loans and difficulties in execution of debts.
The court recognized that corporate signers of checks who do so when they know the corporate accounts contain insufficient funds may be liable: "In short, it is sufficient if the defendant, as an officer of the drawer corporation, draws a check, makes delivery, knowing the check is 'bad' or will be dishonored on presentation, and delivers it for the purpose of inducing the plaintiff to rely on the inherent representations.
A check drawn on an account with insufficient funds may or may not be honored by the paying bank.
The recent judgement overruled a 2004 verdict by a San Francisco jury that found that the bank violated state law by taking fees for insufficient funds from accounts set up to receive social security benefits.
We have divided the presentation of this information into three different categories: information on the average level of fees required to maintain and use various types of checkable accounts; information on fees associated with various types of special actions, such as those associated with the return of checks for insufficient funds, deposit items returned, and stop-payment orders; and information on the various types of fees associated with the use of ATM services.
According to the lawsuit, the practice of charging overdraft fees started years ago, before electronic transactions, when customers wrote paper checks on accounts having insufficient funds and banks processed and covered the checks for good customers as a service to facilitate purchases.
RAWALPINDI, August 25, 2010 (Frontier Star): The repairing and maintenance work in Allied Hospitals' residential colonies have been stopped due to insufficient funds.
I have seen companies going in a week early and the bank charging for insufficient funds.
An additional one year suspension was imposed on November 25, 1998, for failure to comply with a subpoena and issuing checks with insufficient funds.
He was disbarred in 1989 after being accused of abandoning clients in six cases and of having insufficient funds to cover a check drawn on a client's account.
Considering all the facts and circumstances bearing on EW's financial situation, the court held that the company did exercise ordinary business care and prudence; in addition, because EW would have had insufficient funds to pay its reduced work force and essential creditors if it had paid the employment taxes when due, EW established that undue hardship would have resulted.
Offer "opt out" ability to any customer who would prefer that we decline or return any transaction on their account, whenever possible, when they are presented against insufficient funds.