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(f) The offense of issuing or passing worthless checks is punishable as theft pursuant to § 39-14-105. Value shall be determined by the amount appearing on the face of the check on the date of issue.
The crime of passing worthless or bad checks is punishable as a theft charge, per T.C.A. 39-14-105. Per this statute, a theft crime is punishable based on the following criteria: Class A misdemeanor for theft of services or goods under $1,000.
WORTHLESS CHECK/SIGHT ORDER ? T.C.A. § 39-14-121 drawee for lack of funds, insufficient funds or account closed after issuing or passing the check or order, and the defendant failed to make good within ten (10) days after receiving written notice of that refusal if such notice was required.
A bad check is one that can't be negotiated because it's drawn on a nonexistent account or on an account that holds insufficient funds to cover its amount. A bad check is also known as a hot check and writing one is illegal.
Under the law in Tennessee, it's actually called ?worthless checks.? A person commits the offense of passing bad (worthless) checks when, with fraudulent intent or knowingly, they write a check and are aware there are not sufficient funds on deposit with the bank.
Worthless checks are a drain on the bottom line of any business, whether it's large or small. Follow these easy steps to get the law to help you collect: Notify the check writer with a certified letter giving them 10 days to pick up the bad check. The letter must be sent certified mail, return receipt.
The offense of issuing or passing worthless checks is punishable as theft pursuant to § 39-14-105. Value shall be determined by the amount appearing on the face of the check on the date of issue.
Per this statute, a theft crime is punishable based on the following criteria: Class A misdemeanor for theft of services or goods under $1,000. Class E felony for thefts over $1,000 but less than $,2500. Class D felony for theft of services or goods over $2,500 but less than $10,000.