Connecticut Statutes

§ 36a-303 — (Formerly Sec. 36-9o). Charge for overdraft, when prohibited.

Connecticut·Title 36a The Banking Law of Connecticut·Ch. 665a Deposits
No bank, Connecticut credit union or federal credit union may charge a fee or a penalty for an overdraft if such overdraft is due to an error on a direct deposit tape of the Social Security Administration or an accidental omission from such tape.

Free access — add to your briefcase to read the full text and ask questions with AI

Connecticut § 36a-303 ((Formerly Sec. 36-9o). Charge for overdraft, when prohibited.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

(P.A. 79-248, S. 1, 2; P.A. 94-122, S. 144, 340.) History: P.A. 94-122 applied the prohibition on overdraft charges to all state and federal banks and credit unions, effective January 1, 1995; Sec. 36-9o transferred to Sec. 36a-303 in 1995.

Nearby Sections

15
View on official source ↗