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Non-engagement Form (Marijuana Related Activities)

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Question: 
If we decide not to bank any marijuana related businesses, should we still have customers sign a non-engagement form, stating they won't conduct marijuana related activities? Will this protect us as a bank or harm us legally?
Answer: 

Totally a business decision after a conversation with your legal counsel as we have no idea what is contained in the form.

First published on 12/26/2021

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