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BankersOnline.com Forums State-Specific Compliance Issues Florida Convenience accounts
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#465046 - 12/02/05 04:33 PM Convenience accounts
BankerMama Offline
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BankerMama
Joined: Jun 2001
Posts: 1,543
Can anyone tell me where to find information about Florida law on convenience accounts?

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#465047 - 12/02/05 06:00 PM Re: Convenience accounts
Elwood P. Dowd Offline
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Elwood P. Dowd
Joined: Aug 2001
Posts: 21,939
Next to Harvey
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#465048 - 12/06/05 07:12 PM Re: Convenience accounts
BankerMama Offline
Diamond Poster
BankerMama
Joined: Jun 2001
Posts: 1,543
I have read the law and it appears that an account with an agent IS a convenience account. Does Florida law allow joint accounts to have agents/signers?

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#465049 - 01/11/06 04:25 PM Re: Convenience accounts
BrendaC Offline
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BrendaC
Joined: Sep 2001
Posts: 6,029
Sweet Home AL
I believe that in Florida only a single-party account can have a convenience signer.
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