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Question & Answer

Question: Can two people own a sole proprietorship account?

Answer: Kind of tough to do! If you have two, you have a partnership account. You might have more than one signer on a proprietorship account, but there is still only one social security number.

Copyright © 1995 Bankers' Hotline. Originally appeared in Bankers' Hotline, Vol. 5, No. 12, 8/95

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