First National Bank is attempting to determine which of the following customers would qualify as exempt persons:
"¢ Nationwide Foods, Inc., is a national company with stock listed on the New York Stock Exchange
"¢ National Paper Products, is a wholly owned subsidiary of Nationwide Foods, Inc.
"¢ Products Incorporated, a depositor for three months, is a regional company whose stock is designated a NASDAQ Capital Markets Company and that sells and leases large boats
"¢ Century Enterprises, a local company owning several local restaurants, is a longtime bank customer and frequently makes deposits in excess of $10,000. All of
Century's stock is owned by a local family. Which of these customers would qualify as an exempt person?
Cam22
4 months ago