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Updated over 1 year ago on . Most recent reply

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3
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Sheila Peschges
  • Saint Paul, MN
0
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3
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Rules regarding Damage Deposits being put into a CD for some decent interest

Sheila Peschges
  • Saint Paul, MN
Posted

Any suggestions on how to legally put Damage Deposits into a CD to gain interest? We have an LLC that is registered through a third party designee. The bank says we need to provide that person's permission to open up a CD in the name of the LLC. How do any of you handle your damage deposits?

  • Sheila Peschges
  • Loading replies...