Is there a dollar limit on checks written on MMDA's?

We used to set a limit of $500.00, but have since done away with that. I find nothing in the reg that sets a dollar limit, only a number limit (ie, 3 checks per statement cycle).

I don't believe there is any regulatory limit on the dollar amount - just the number of checks allowed per month or statement cycle.

Deana is right. There is NO regulatory limit.