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Deceased Sole Officer of Corporation-Checks

Question: 
If the sole officer of a corporation is deceased, and there is a signer of convenience on the checking account, can the signer of convenience continue to write checks?
Answer: 

The concept of a "convenience signer" appointed by an individual does not apply to an entity's account. The signatory was either listed as an authorized signer on a corporate resolution or she wasn't.

If she was listed on a corporate resolution, she can still sign. The corporation did not die, the owner did. If there is no corporate resolution authorizing her to sign then it was never appropriate for her to sign on the account.

First published on 05/19/2014

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