Broughton High School PTSA Returned Check Policy
Broughton High School PTSA recognizes the tremendous financial support given by our parents. We understand that occasionally, people have to deal with economic issues that result in a returned check. At the same time, we are a volunteer non-profit organization and must protect our assets.
Broughton High School PTSA considers receipt of checks written on insufficient funds (hereinafter NSF checks) to be a serious matter and will take necessary steps to collect all funds owed to the PTSA for events, activities, or goods. The procedures outlined below will be used in the collection of outstanding funds on NSF checks. Initial NSF notice from banking institution:
The check writer will be notified of the NSF check by telephone or email. The check writer will need to respond to the contact within five (5) days to make arrangements for payment of the NSF check plus a service fee of $25 or the maximum amount allowed by NCGS § 25-3-506. All attempts to contact the writer will be documented with date, time, type, and information obtained.
If contact has not been made within five (5) days, an invoice will be sent via “certified mail” to thecheck writer for the amount of the NSF check plus a service fee of $25 or the maximum amount as allowed by NCGS § 25-3-506.
Immediate payment will be expected in the form of cash or money order.
Cash – Must be given to one of the following PTSA Executive Board Members: President, President-Elect or Treasurer
Money Order – May be mailed to Broughton High School PTSA, 723 St. Mary's Street, Raleigh, NC 27605 or given to one of the above-listed PTSA Executive Board Members.
The check writer’s name may be entered onto the Returned Check List and may be provided to all Broughton High School PTSA committees who receive check payments. Until the returned check amount is paid in full, such names will remain on the list and the PTSA will not accept a check for a payment for any event, activity, or purchase.
After thirty (30) days of nonpayment, the PTSA may begin aggressive steps to obtain payment up to and including following North Carolina laws for collection on NSF checks.