09/08/2014
Can a minor be an authorized signer on a checking account?
05/12/2014
Can there be an authorized signor on a trust account if the person is not listed in the Trust nor has a POA?
11/05/2012
I have been instructed to obtain a "Secretary Signature" on all Business Checking accounts. Is this the law? Many accounts today do not have Secretary's. Please advise if this is a Compliance mandated requirement or an Operations Requirement or neither.
07/16/2012
Can an authorized signer be added to a revocable trust?
06/04/2012
Can an Attorney-in-Fact change a Payable on Death beneficiary on an account if the Durable Power of Attorney document does not specifically speak to that? Part Two: If an account currently has a POD beneficiary designation in the account title and we are now retitling the account to Jane Customer by Joe Smith, Attorney-in-Fact, where does the POD designation go in the revised account title?
11/21/2011
If an account has an authorized signer and a POD, must they be the same person?
10/17/2011
How many Agents can be designated on a Bank account (Checking or Savings) at one time?
08/08/2011
I am working on an IOLTA account. I am fairly new to this new accounts thing and I am confused on what type of account this would be. Once I select IOLTA, my program only gives me 4 options which are Partnership/joint venture, Sole Proprietorship, Limited liability, and Corporation. I picked Sole Proprietorship but this does not let me have the option of listing the authorized signers. Since there are two authorized signers, does that make this a Partnership/joint venture, and if so, who is the partner?
06/13/2011
We have an LTD business with two authorized signers. A deposit over $10,000. has been made to the business by one of the signers. Do we have to complete section B for both authorized signers or only the one conducting the business?
06/06/2011
When we charge off a business account we report that business to chexsystems, there is a field to report the authorized signers. Should we be reporting the authorized signers?