Thread Options Tools
#546592 - 05/11/06 06:01 PM What would you do?
joeschmoe Offline
Member
Joined: Dec 2005
Posts: 70
Thanks for the help.
Last edited by joeschmoe; 05/11/06 09:00 PM.
Return to Top
General Discussion
#546593 - 05/11/06 06:09 PM Re: What would you do?
RBanker Offline
Power Poster
RBanker
Joined: Jul 2003
Posts: 2,675
Austin Texas
Look at your financial institution's Funds Availability Policy - it may address non-transaction accounts - Reg CC does not give any limits on holds on non-transaction account, other than they should not be unreasonable -
_________________________
My comments are absolutely no reflection of, nor influenced by, my employer - take them at your own risk.

Return to Top
#546594 - 05/11/06 06:30 PM Re: What would you do?
Al Miller Offline
Diamond Poster
Al Miller
Joined: Oct 2000
Posts: 2,416
Pleasanton CA USA
Also look at state law. For example, the CA Expedited Funds Availability Act (CA Financial Code 867 et seq includes savings accounts. I belive there are other states that also include savings.


Al
_________________________
Al Miller, CRCM
Opinions expressed are my own and not necessarily shared by my employer.

Return to Top