Answer:
If it's a money market deposit account, it doesn't matter who owns or operates it. It's subject to the Regulation D limitations on savings account transfers and withdrawals.
First published on BankersOnline.com 11/15/10
Reg D and MMDAs
Answered by:
Question:
Does Reg D apply to estate money markets the same as personal money market limitations on preauthorized debits/transfers?
print
share