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Bank Secrecy Act (BSA): Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering, including requirements for reporting and record-keeping.

USA PATRIOT Act Section 326: Requires financial institutions to verify the identity of individuals wishing to conduct financial transactions, and to establish and maintain effective anti-money laundering programs.

Customer Identification Program (CIP): Federal regulations that establish minimum requirements for financial institutions to verify customer identity during account opening process.

31 CFR �� 1020.220: Federal regulation detailing specific documentation requirements for customer identification and verification in banking institutions.

State Banking Regulations: Individual state-specific banking laws and regulations that govern banking operations within each state's jurisdiction.

State Power of Attorney Rules: State-specific laws governing the creation, execution, and enforcement of power of attorney documents, which may affect authority letters.

Uniform Commercial Code (UCC): Standardized set of business laws regulating financial contracts and transactions, particularly relevant for business banking accounts.

FDIC 12 CFR Part 330: Federal regulations governing deposit insurance coverage and requirements for insured banking institutions.

Federal Reserve Regulations: Set of rules established by the Federal Reserve System governing banking practices, operations, and requirements.

Know Your Customer (KYC): Banking requirements designed to ensure financial institutions verify customer identity and understand the nature of their banking activities to prevent fraud and money laundering.