There is hereby established a penalty of $25 to be applied against
persons who issue checks made payable to the Town which are returned
or otherwise not honored by the institution upon which they are drawn
due to insufficient funds or a stop-payment order.
Upon learning that a check made payable to the Town has been
returned or otherwise not honored by the institution upon which it
is drawn, the Town Treasurer shall notify the person upon whose account
such check was drawn and demand payment of the amount due for the
underlying principal debt, plus the penalty established herein.
This chapter shall not be exclusive of any other remedy provided
by law.