Miller v. Bank of America, No. S149178, __ Cal. 4th __ (2009), issued June 1, 2009, authorizes banks to recoup overdrafts and bank fees occurring within a single account and confirms that these setoffs are not governed by Kruger v. Wells Fargo Bank, 11 Cal. 3d 352, 356 (1974).
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RegisterCA Supreme Court approves bank recovery of overdrafts and fees from accounts containing public benefit direct deposits
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USA
June 10 2009
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Monique Boutet
Senior Corporate Lawyer
Canon Australia Pty Ltd
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