A certificate of deposit represents a contract with the depositors. How can you have a contract without a signature?
Certificate of Deposit for Multi-Party Accounts
For Certificates of Deposit that are multi-party accounts, are we required to get the original signature of all parties at the onset of the account? Or is this a best practice consideration? I'm not concerned w/ the closing of the account, only at opening.
First published on 04/06/2015