Banking
Mar. 16, 2002
Social Security Off-Limits To Cover Overdraft Fees
SAN FRANCISCO - Banks cannot take money from customers' direct deposit of Social Security and disability benefits to cover overdrafts and penalty fees in the event the customer bounces a check, a federal appeals court ruled Thursday.
The 9th U.S. Circuit Court of Appeals decision applies...
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In