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#1760533 - 11/24/12 05:06 PM Sole Proprietorship
jdickson Offline
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Joined: Dec 2011
Posts: 16
can you have joint signatures on a sole proprietorship business?

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#1760534 - 11/24/12 05:50 PM Re: Sole Proprietorship jdickson
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
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A sole proprietorship is no different than any other account owned by an individual. If the bank allows agents, convenience signers, or authorized signers on other individual accounts then there is no reason not to allow them on a sole proprietorship account.

They are signatories, not owners; the term "joint" does not apply. The owner can add them or take them off at will.
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