Common use of Account Ownership & Designations Clause in Contracts

Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account Card. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD beneficiary may be invalidated upon the Credit Union's receipt of notice of marriage dissolution or a testamentary disposition, as required by applicable law.

Appears in 4 contracts

Samples: www.primesourcecu.org, www.primesourcecu.org, www.primesourcecu.org

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Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account Card. You must qualify as a member to hold a deposit account, individually or jointly. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD beneficiary Payable-On-Death (“POD”) beneficiary, may be invalidated upon the Credit Union's receipt of notice of marriage dissolution or a court order testamentary disposition, as required by applicable law.

Appears in 4 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account CardMembership Application. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD beneficiary Payable-On-Death (“POD”) beneficiary, may be invalidated upon the Credit Union's ’s receipt of notice of marriage dissolution notice or a testamentary disposition, as required by applicable law.

Appears in 3 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account Cardaccount card. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD payable on death (POD) beneficiary may be invalidated upon the Credit Union's Cascade FCU’s receipt of notice of marriage dissolution or a testamentary disposition, as required by applicable law.

Appears in 2 contracts

Samples: Account Agreement, Account Agreement

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Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account Card. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD beneficiary may be invalidated upon the Credit Union's ’s receipt of notice of marriage dissolution or a testamentary disposition, as required by applicable law.

Appears in 1 contract

Samples: Membership and Account Agreement

Account Ownership & Designations. The classification and form of ownership of your accounts are designated on your Account Member Services Signature Card. Unless you waive your rights, you understand that certain account designations, such as joint ownership with right of survivorship or POD beneficiary may be invalidated upon the Credit Union's ’s receipt of notice of marriage dissolution or a testamentary disposition, as required by applicable law.

Appears in 1 contract

Samples: www.summitcu.org

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