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New Accounts Automatically Exempt, Too?
Answer by Randy Carey, BOL Guru
Guru Bios
Question: We have a CTR question. We have an exempted company that has recently opened two new accounts for a new store that just opened yesterday. Would these new accounts be automatically exempted?
Answer: You exempt a customer, not specific accounts.
First published on BankersOnline.com 4/07/08
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