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Signatures Needed for Partnership LLC

How many signatures are required to open or close a business account in the form of partnership-LLC?


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The number of signatures required to open the account depends upon the operating agreement of the LLC, which indicates who is authorized to act on behalf of the LLC. Any one of the signers on the account can close it, unless the signers and the bank sign a contract provision agreeing to some other requirement.

Published on BankingQuestions.com 11/05/09