Copyright Office October 8, 2010 – Federal Register Recent Federal Regulation Documents
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Minimum Balance Requirement and Automatic Replenishment Option for Deposit Account Holders
The Copyright Office is proposing to amend its regulations to set the minimum level of activity required to hold a deposit account at 12 transactions per year; require deposit account holders to maintain a minimum balance in that account; mandate the closure of a deposit account the second time it is overdrawn; and offer deposit account holders the option of automatic replenishment of their account via their bank account or credit card.
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