Articles of Incorporation and Deceased Customer

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Question:

We have a business account for a corporation. The owner and only signer on the account has passed away. The articles of incorporation only have him listed. What do we do to keep his business running and his employees paid?

Answer:

A corporation does not die. The customer - or heirs or whoever is managing the estate, needs to get with their legal counsel and review the corporate documents to see how they go about providing you with a new corporate resolution. Someone must be acting as the remaining shareholder - either an heir or the deceased personal executor at this point.