Make DR1 Your Homepage   Tell A Friend   Advertising Information   Support Center » Knowledgebase » Can I open a bank account in the name of my condo association?  Can I open a bank account in the name of my condo association? Solution You should be able to open a bank account in the name of the condo, just as you can do it for any other entity or corporation. The problem is that some legal departments are not used to seeing condos opening bank accounts and freeze when they see an application. The same as for a corporation, the bank will need to see: 1) resolution establishing the condo 2) condo bylaws 2) minutes of the condo meeting designating the administrator and giving him/her the authority to open the account. Article Details Article ID: 798 Created On: 08 May 2009 03:49 PM  Back  Search -- Entire Support Site -- Knowledgebase  Article Options  Print Article  PDF Version  Email Article  Add to Favorites Real Estate Listings  |  Daily News Archive  |  Message Board Archive

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