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Holds on Deceased Estate w/ Administrator

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Question: 
A member is deceased and she has an estate with an administrator on the account. Can we place holds on the account?
Answer: 

If you are asking about holds under Regulation CC on checks deposited to the account, yes, provided you've made appropriate disclosures when the account was opened.

First published on BankersOnline.com 5/30/11

First published on 05/30/2011

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