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A. It shall be unlawful for any person to issue or pass a check or similar sight order for the payment of money if the issuer knows that he does not have sufficient funds in or on deposit with the bank or other drawee for the payment in full of the check or order as well as all other checks or orders outstanding at the time of issuance.

B. For purposes of this section, the issuer is presumed to know that he does not have sufficient funds if:

1. He has no account with the bank or other drawee at the time he issues the check or order; or

2. He has insufficient funds upon deposit with the bank or other drawee to pay the check when presented for payment within thirty (30) days after issue, and the check or order remains unpaid for at least thirty (30) days after such presentment.

C. A bank shall not be civilly or criminally liable for releasing information relating to the issuer's account to a police officer, the town attorney, or authorized investigator for the town attorney investigating or prosecuting a charge under this section. (Ord. 27, Series 1991)