mardi 15 juillet 2014

Should I notify my Bank about an internal change in LLC membership

All,



I just joined the forum, my apologies if I am posting in a wrong section.



Here's the question. I am a partner in LLC founded in 2011. The company has a single bank account, we've been doing pretty well. Recently one of the partners decided to leave the company for personal reasons. We worked out the terms of separation, everything is going well on that end. My question is should I notify the Bank about this internal change in the company once the change is finalized? If so, is there a, sort of, general process for this or does every financial institution has its own "rules"?



Thanks,



regards

gg




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