Providing for financial institution reasonable account fees; limiting fees charged for money orders purchased from savings accounts and for checking account dishonored and honored overdrafts and monthly maintenance; requiring checking accounts to provide optional overdraft protection and to process checks drawn against the account not based on debiting the largest checks first; requiring financial institutions to designate the accounts as lifeline accounts and to actively promote the accounts; requiring and providing for prior approval of transaction and savings or deposit account service charges by the commissioner of commerce; providing for compliance
(mk)