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Is a Master Agreement required for each entity or will one Agreement suffice?

April 26, 2017Agreement entity master suffice

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Is a Master Agreement required for each entity or will one Agreement suffice?

1 Answer

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10 Posted

For each entity which elects to participate in the Debt Guarantee Program, a Master Agreement is required to be executed and submitted to the FDIC within ten (10) business days of the date the Election Form is completed and submitted. This due date is addressed in a separate FAQ on the website.