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Corp Board Appoint New Signer if Only One Deceased

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Question: 
If there is only one signer on a corporate account and he passes away, can the corporation's board of directors appoint a new signer?
Answer: 

Of course they can. The board of directors has the power to add or subtract authorized signers on the account at any time through proper resolution and providing the bank with the required documentation.

First published on BankersOnline.com 1/7/13

First published on 01/07/2013

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