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Banks are not required to offer any overdraft protection programs, and even when they do, they may retain discretion to pay or not pay a particular overdraft transaction.
Workers' Compensation Law Section 32 Your health care provider may ask you to sign this A-9 notice to insure that you acknowledge your personal liability for payment of his/her bills if you have waived your right to future medical benefits under a Section 32 agreement.
The bill limits the number of overdraft fees a consumer may be charged each month and year, and provides that such fees must be reasonable. The bill prohibits an overdraft coverage fee if the overdraft results solely from a debit hold amount that exceeds the actual dollar amount of the transaction.
Banks and credit unions don't have to do this. In fact, under federal law, they aren't allowed to process debit card purchases that exceed your available balance unless you've signed up for the financial institution's overdraft protection service\u2014and agreed to its accompanying fee.