Placing Holds on CDs

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Question:

I understand that Reg CC does not apply to CDs. However, is it acceptable to place holds on CDs anyway?

Answer:

by Randy Carey: It will all depend on your depositor's agreement and your State law.

Answer:

by Richard Insley If you issue true CDs (as opposed to fancy receipts that look like CDs), the "hold" is physical, not book entry.:

First published on 09/24/2017

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