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Who Can Close an Organization's Account?

My father is a member of the Masons in our town. They organized a group of past masters and opened up an account to fund their once-a-year picnic. They have now been told by the current Master of the Lodge that he is disbanding the group, and has gone to the bank and closed the account. The account was opened in 1972, before this man came to live in our town. He is not on the account, but my dad does not know what to do. If the man is not on the account, can he legally close it?


Whether or not the current Master can disband the group of Past Masters is clearly a matter for the Lodge's governance. If the account was opened in 1972 with the formal authorization of the Lodge or simply opened by the loosely-knit group of Past Masters, is not known. What documentation the bank received to back up the Master's request that the account be closed, is also not known. We are not in a position to provide any legal answers to the question you've raised for your father, but it seems that he and others in the group of Past Masters ought to take the question up with the current Master of the Lodge. If they cannot reach a satisfactory resolution, they will have to decide whether they want to stir things up by discussing the problem with an attorney.

Published on BankingQuestions.com 7/08/10