Answer:
A sole propietorship is eligible for a NOW account (see 12 CFR 204.130(b)), however the bank is under no obligation to offer anyone any sort of deposit account.
First published on BankersOnline.com 6/21/10
A sole propietorship is eligible for a NOW account (see 12 CFR 204.130(b)), however the bank is under no obligation to offer anyone any sort of deposit account.
First published on BankersOnline.com 6/21/10