Often a bank will require a company to pay off its line of credit (ret

Often a bank will require a company to pay off its line of credit (return the balance to zero) and keep it there for a specific period of time each year.

For example, a requirement might be that the line of credit remains at a zero balance for at least one sixty-day period each year. This is called the clean-up period.
Indicate whether the statement is true or false.

ANSWER

Answer: TRUE