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SETTING UP A ORGAN ACCOUNT A Organ Trust Account is Required by Law trust account established under the revised Organ Law is required for all minors working on any job in the entertainment industry
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Setting up a Coogan account involves establishing a trust account to protect a minor's earnings from acting or performing.
Parents or guardians of minors in the entertainment industry are required to file setting up a Coogan account.
To fill out a Coogan account, the parent or guardian must provide necessary personal information, minor's earnings details, and comply with state regulations.
The purpose of setting up a Coogan account is to ensure that a minor's earnings are protected and properly managed until they reach adulthood.
Information such as the minor's earnings, work details, parent/guardian contact information, and trust account details must be reported on setting up a Coogan account.
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