My husband had a business checking account since 1994. He unexpectedly passed away last month, with less than $100 left in this account. When I contacted the bank to close this account, I was told that I need authorization in his company's name.
The problem is I can't find copy of business registration. As far as I can remember, he was the only one who did everything. There was no partner, no secretary.
What would happen if I leave it? To obtain a copy of business registration, etc., would cost more than $100. My husband did not have a Will and there are no assets.
Eventually, after a period of inactivity in the account, it would be transferred to the state's Abandoned Property division. In most states, that takes about three years of inactivity.
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