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Reg E Statements Required for Business Accounts?

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Question: 
Are Regulation E-compliant statements required for business accounts?
Answer: 

Regulation E statements are only required on account subject to Regulation E. None of Regulation E, including section 1005.9, applies to business accounts.

First published on BankersOnline.com 6/3/13.

First published on 06/03/2013

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