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Liability for overdraft in a joint account

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If one owner of a joint account issues a check that overdraws the account balance, can the bank recover the overdraft balance from the other joint owner?

In most states, the Uniform Commercial Code, the joint owner would not be liable for the overdraft, but most banks make the owners “jointly and severally” liable with a deposit contract provision.
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Avoiding Check Losses

First published on 04/14/2019

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