41 Which statement is FALSE based upon the POA presented to Greg Hines dba E-CHB.com?
A. The POA does not require a completed statement of Corporate Certification, which is a written submission establishing the authority of the grantor designated to execute the POA on behalf of Quick Imports, Inc.
B. The POA shall be made available to CBP
C. Revoked POAs and letters of revocation must be retained for five (5) years after the date of revocation or for five (5) years after the date the client ceases to be an active client
D. Failure of the broker to retain a valid POA may result in a monetary penalty of $1,000
E. The POA may be granted for an unlimited period
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The Answer is: Which statement is FALSE based upon the POA presented to Greg Hines dba E-CHB.com?
Citation: A
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