Advanced Business Accounts: How Many Tiers Can an LLC Have? Webinar

While multi-tiered businesses are not strictly limited to LLC, the LLC lends itself to complex arrangements involving trusts, estates, businesses, and people. We will look at the difference between “dba” on a business (where there is more than one business operating in an account) and the single-member LLC (where another business is the owner).

What You’ll Learn

• Incorporate CIP, CDD, and EDD into business account opening
• Learn how to use resolutions, signature cards, and beneficial ownership certifications
• Learn how to document complex arrangements in multi-state environments
• Who can sign, transact business, and enter legal arrangements on a business
• Changing owners, selling the business, changing names, changing EINS
• What happens when a principal dies, marries, and resigns position

Who Should Attend
This session is ideal for business operations, business lending, lending assistants, and customer service representatives.