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Can an overdraft protection line of credit be tied to a commercial DDA?

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Question: 
Can an overdraft protection line of credit be tied to a commercial DDA?
Answer: 

None of the federal consumer protection regulations would prohibit this. However, most institutions would look very carefully at a business that needs overdraft protection.

First published on BankersOnline.com 2/10/03

First published on 02/10/2003

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