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Banks & Banking – Overdraft Fees – Debit Ordering – High to Low – Contract (access required)

Gay v. Peoples Bank (Lawyers Weekly No. 012-106-16, 21 pp.) (Lucy Inman, J.) Appealed from Lincoln County Superior Court (Louis Bledsoe III & Calvin Murphy, JJ.) N.C. App. Unpub. Holding: Where the defendant-bank’s account agreement documents said the bank would pay “items” in order from the largest item to the smallest item, “items” included debit-card transactions. We ...

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