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.
Conn. Gen. Stat. § 36a-303
(Formerly Sec. 36-9o). Charge for overdraft, when prohibited
Known as the Deposit Account Contract Act
The act spans §§ 36–36 (43 sections).
(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 J…
Official source: Connecticut General Assembly. Reproduced from public-domain Connecticut statutes; confirm against the official source for the current text. Not legal advice.