Deck : Deck General - 3010/5076 |
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A seaman may have all or part of his wages deposited by allotment to a bank or savings institution. Which of the following is NOT a requirement for this type of allotment? |
A) The account must be opened by the seaman and maintained in the seaman's name. |
B) The institution must be insured by the FSLIC or FDIC. |
C) The account must be either a checking or savings account. |
D) All of the above are requirements. |
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