Banks must retain the legible copy of check for a period of:
A)seven months.
B)thirty days.
C)seven years.
D)thirty weeks.

Name: Banks must retain the legible copy of check for a period of: A)seven months. B)thirty days. C)seven years. D)thirty weeks.
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Question

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Existing federal law requires that banks retain a legible copy of checks for seven years,but does not require that the copies returned to customers with statements be legible.

Banks Must Retain the Legible Copy of Check for a Period