Can an agent or authorized signer on a sole proprietorship close the account?
I am looking for some guidelines regarding online banking. Can an individual add their business or even a business they are authorized signers to their personal account? I would like to have some absolute guidelines.
Can a DBA account be held jointly between two individuals? If so, would you hold the record as a DBA account or a joint account?
Is there a bank regulation or statute (federal or state) that would advise against cash withdrawals on corporate accounts? The credit union I work for permits this, but I thought most banks strongly discourage this because of the aid it offers a signer for theft or fraud.
Are there any regulations that dictate what type of access different individuals such as authorized signers, guarantors, trustees, etc., would have to accounts (particularly via internet banking)?
I have a customer that has an LLC with a relative being the managing member and the customer is just a member. The customer has POA on the managing member. Can she come in and open the account without the managing member here or signing? Or should the LLC have to change the Articles to her being the managing member?
On an individual account for a son where the mother is an authorized signer what rights does the mother have on the account. My concern is that the son is going to war but does not want to make the mother a joint owner, with GLBA what in mind can the authorized signer receive statements, balance, information, etc.?
Can you give me any information on authorized signers on a business account?