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Debit Cards for Businesses
Question: Can a business have debit cards?
Answer: Yes. Remember, though, that sole proprietors are covered by Reg E while business entities are NOT. Be sure to deal with the liability and responsibility issues through your agreement.
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Click here to see archive of all Legal Ease Q&A.
Comments & Questions
If you would like
to comment on legislative topics or if you have questions about this
information please call our public affairs expert, Mae Beth Palone at
(800) 749-4228 or E-mail mbpalone@ibat.org.
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