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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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