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#1212213 - 07/03/09 05:46 PM Another Reg D question
Overboard Offline
100 Club
Overboard
Joined: Aug 2007
Posts: 192
Minnesota
I have a customer that wants to open 2 or 3 savings accounts so he can avoid the 6 limitations in Reg D. Can this be done?
Thanks

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Deposits and Payments
#1212239 - 07/03/09 06:20 PM Re: Another Reg D question Overboard
YoungAndEager Offline
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Joined: Apr 2009
Posts: 135
Indiana
Why doesn't he open a checking account?
_________________________
"...muffins are just bald cupcakes." -- Jim Gaffigan

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#1212298 - 07/03/09 06:58 PM Re: Another Reg D question YoungAndEager
jason Offline
100 Club
Joined: May 2003
Posts: 234
Almost Heaven
I think your answer can be found here:

Sec. 204.133 Multiple savings deposits treated as a transaction account.

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#1212606 - 07/06/09 01:23 PM Re: Another Reg D question jason
Overboard Offline
100 Club
Overboard
Joined: Aug 2007
Posts: 192
Minnesota
Thank you

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