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#2035695 - 08/26/15 03:33 PM Incorporated vs Corporated
Tessie Offline
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Joined: Jan 2006
Posts: 155
What is the difference between incorporated and corporated

Do corporated accounts qualify for now accounts

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#2035701 - 08/26/15 03:42 PM Re: Incorporated vs Corporated Tessie
rlcarey Online
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rlcarey
Joined: Jul 2001
Posts: 83,227
Galveston, TX


1. Corporate entities structures are defined by State law.

2. No, but with the repeal of Regulation Q if you want to pay interest to these customers - set them up in an interest bearing DDA account.
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