Common use of STOP PAYMENT FEATURE Clause in Contracts

STOP PAYMENT FEATURE. You can order us to stop payment on any check that you write from your MidCoast checking account. You cannot stop payment on a check if we have accepted, certified, made final payment on or otherwise become accountable for the check, except to the extent required by law. You may be requested to sign a stop payment form to continue the online request beyond fourteen (14) days. Your stop payment request is subject to our regular stop payment fee. You cannot cancel pre-authorized electronic payments using the stop payment feature. Please see the applicable Deposit Account Agreement for other provisions governing stop payment orders.