Political Action Committee Accounts

Posted By: Megaman

Political Action Committee Accounts - 02/28/18 09:43 PM

Has anyone opened a Political action committee account? I am not familiar with them at all. What is required, for monitoring purposes, for these types of accounts? I have a customer that wants to open one of these accounts for the purpose of getting money to lobby for legalizing Marijuana in the State of Michigan. Would that have any additional requirements if the bank opens this account? Any guidance would be helpful. Thank you.
Posted By: Lilly C

Re: Political Action Committee Accounts - 02/28/18 09:48 PM

send me a private message and I can email you all the information I have on PAC accounts. I'm in Florida. Not sure if they work the same in all states.