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How do I find out if an Ira certificate is good

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How do I find out if an Ira certificate is good
Submitted: 2 years ago.Category: Legal
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Answered in 13 minutes by:
1/21/2016
Lawyer: KLAW, Lawyer replied 2 years ago
KLAW
KLAW, Lawyer
Category: Legal
Satisfied Customers: 2,497
Experience: I have over 20 years of experience in commercial real estate law, finance, consumer credit, landlord tenant, and business law.
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IRA certificates issued by banks are regulated by State Banking Departments. When a bank or issuing institution goes out of business, the records concerning IRA's are recorded and kept on file with the Banking agency. Contact the Departnent of Banking for your State.

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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