State Corporate Laws: State-specific corporate legislation that governs corporate formation, operation, and documentation requirements, including requirements for board meetings and corporate records
Bank Secrecy Act (BSA): Federal law requiring financial institutions to assist government agencies in detecting and preventing money laundering, including specific requirements for opening new bank accounts
USA PATRIOT Act: Federal law that includes specific customer identification program requirements for financial institutions when opening new accounts
Federal Reserve Regulations: Banking regulations issued by the Federal Reserve that may affect account opening procedures and documentation requirements
FDIC Requirements: Federal Deposit Insurance Corporation requirements for bank account opening and documentation
Sarbanes-Oxley Act: Federal law applicable to publicly traded companies that includes requirements for corporate governance and financial disclosure
Articles of Incorporation: Company's founding document that may contain specific requirements for board actions and banking authorities
Company Bylaws: Internal rules governing the company's operation, including requirements for board meetings, voting, and banking authorities
IRS Requirements: Federal tax documentation requirements including EIN verification and Form W-9 for business account opening
Quorum Requirements: State law and bylaw requirements for minimum number of directors present for valid board action
Signature Authority Rules: Legal requirements and corporate policies regarding who can be designated as authorized signatories on bank accounts
Record-Keeping Requirements: State and federal requirements for maintaining corporate records, including board minutes and banking resolutions
