[HISTORY: Adopted by the Township Council of the Township of Livingston 11-5-1979 as §§ 18-64 to 18-66 of the 1979 Revised General Ordinances. Amendments noted where applicable.]
As used in this chapter, the following terms shall have the meanings indicated:
CREDIT
An arrangement or understanding with the bank or depository for the payment of a check, draft or order.
No person, either for himself or as agent or representative of another person, or as an officer or agent of any corporation, or as a member of a partnership, with intent to defraud shall make, draw, utter or deliver any check, draft or order for the payment of money in a sum less than $200 upon any bank or depository, knowing at the time of so doing that the maker, or drawer, has no funds or insufficient funds in, or credit with, such bank or other depository for the payment in full of such instrument upon its presentation, although no express representation is made in reference thereto.
The making, drawing, uttering or delivering of a check, draft or order as stated in the foregoing section shall be prima facie evidence of intent to defraud, and the certificate of protest of nonpayment of same shall be presumptive evidence that there were no funds or insufficient funds in, or credit with, such bank or other depository and that the person making, drawing, uttering or delivering the instrument knew that there were no funds or insufficient funds in, or credit with, such bank or other depository.