Consumer Protection - Bank Overdraft Plans - Requirements

HB 1499 Consumer Protection Bank Overdraft Plans Requirements

Maryland 2017 Regular Session

Consumer Protection - Bank Overdraft Plans - Requirements
HB-1499


About HB-1499

Requiring that an overdraft protection plan of a banking institution be made available to customers only on an optional basis; requiring the plan to disclose, in a specified manner, specified fees and penalties and the method of applying debits and credits to a customer's account; requiring the plan to allow a customer to address an overdraft on a specified day and in a specified manner; etc.

  

Bill Texts

Introduced 02/11/2017

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History

Unfavorable Report By Economic Matters

03/15/2017

Hearing 3/10 At 1:00 P.m.

03/10/2017

First Reading Economic Matters

02/10/2017