Accounts for Guardianships and Estates Sample Clauses
Accounts for Guardianships and Estates. At our option we may issue shares and accept deposits in the name of (a) a ▇▇▇▇ on whose behalf a Guardianship has been established under applicable law, or (b) the estate of a deceased member being administered under applicable law. Any guardian or estate representative (whether executor, administrator or otherwise) authorized to sign on any such Account shall be subject to the terms and conditions set forth in this Account Agreement and any other agreement governing any such Account. You agree that we will have no fiduciary responsibility or obligation in connection with any such Account beyond our obligations set forth in this Agreement and you agree that we will not be liable for any loss occasioned by the fraud, negligence, or misapplication of funds by the guardian or estate representative. If we are presented with Letters of Guardianship, Letters Testamentary, or Letters of Administration valid on their face, you agree that we will have no further duty (a) to determine if the person appointed guardian or estate representative has qualified or continues to be qualified as guardian or as estate representative, (b) to determine if an act of the guardian or estate representative is in accordance with or authorized by the Texas Probate Code or other applicable law, (c) to question the validity or propriety of any instrument or any instructions executed or given by a person acting as a guardian or estate representative, or (d) to oversee the administration by a guardian or estate representative of money or other property paid or delivered to him or her. You agree that we may rely upon Letters of Guardianship, Letters Testamentary, or Letters of Administration that are valid upon presentment, that we may continue to rely upon the same without inquiring into their expiration or renewal, and that we may assume their renewal unless notified in writing to the contrary. Further, you agree that we will have no obligation to recognize or honor any such Letters that we know to have expired without renewal pursuant to the provisions of the Texas Probate Code or other applicable law. If we receive notice of expiration without renewal, we will have no obligation to honor any check that is presented for payment or to honor any requests for withdrawal of funds from the Account of a ▇▇▇▇ or an estate until we receive renewed Letters or another order issuing out of a court of competent jurisdiction.
Accounts for Guardianships and Estates. At our option we may issue shares and accept deposits in the name of (a) a ▇▇▇▇ on whose behalf a Guardianship has been established under applicable law, or
Accounts for Guardianships and Estates. At our option we may accept deposits in the name of (i) a ▇▇▇▇ on whose behalf a Guardianship has been established under applicable law, or (ii) the estate of a deceased member being administered under applicable law. Any guardian or estate representative (whether executor, administrator or otherwise) authorized to sign on any such Account shall be subject to the terms and conditions set forth in this Agreement and any other agreement governing any such Account. You agree that we will have no fiduciary responsibility or obligation in connection with any such Account beyond our obligations otherwise set forth in this Agreement or other applicable agreement, and you agree that we will not be liable for any loss occasioned by the fraud, negligence, or misapplication of funds by the guardian or estate representative. If we are presented with Letters of Guardianship, Letters Testamentary, or Letters of Administration valid on their face, you agree that we will have no further duty to (i) determine if the person appointed guardian or estate representative has qualified or continues to be qualified as guardian or as estate representative,
Accounts for Guardianships and Estates. At our option we may issue shares and accept deposits in the name of (i) a ▇▇▇▇ on whose behalf a Guardianship has been established under applicable law, or (ii) the estate of a deceased member being administered under applicable law.Any guardian or estate representative (whether executor, administrator or otherwise) authorized to sign on any such Account shall be subject to the terms and conditions set forth in this Agreement and any other agreement governing any such ▇▇▇▇▇▇▇.▇▇▇ agree that we will have no fiduciary responsibility or obligation in connection with any such Account beyond our obligations otherwise set forth in this Agreement or other applicable agreement, and you agree that we will not be liable for any loss occasioned by the fraud, negligence, or misapplication of funds by the guardian or estate representative. If we are presented with Letters (including a direct deposit of social security or other government benefits), to withhold or to transfer funds from any other Account to which you are Party in amounts sufficient to cover any overdraft and resulting overdraft fees, or to use any other collection remedy available to us by law. We determine whether your Account is overdrawn based on the “available balance.” The available Account balance may be different than the actual Account balance because it takes into account funds held on your Account. Funds subject to holds are not available to pay checks,Visa® Debit/ATM Card, electronic ACH, and other types of transactions presented for payment. Holds may be placed on Account funds for various reasons, including without limitation, holds on check deposits pursuant to our Funds Availability Policy, preauthorization holds placed by merchants for signature-based Visa® Debit/ATM Card transactions, and other general Account holds. Please refer to the Electronic Fund Transfers Agreement and Disclosures for more information about Visa® Debit/ATM Card preauthorization ▇▇▇▇▇.▇▇▇ may incur overdraft or return fees if your available balance is not sufficient to pay transactions when they are ▇▇▇▇▇▇▇▇▇.▇▇ avoid fees, you must closely record and track all of your transactions so that you have a sufficient available balance at all times to pay your transactions. In addition to contacting us directly, you can check your available balance on the cuAnywhere® Online Banking and Mobile Banking systems, the Automated Teller Telephone Banking system, and at most ATMs and most point-of-sale terminals. You must be en...
Accounts for Guardianships and Estates. At our option we may issue shares and accept deposits in the name of (a) a ▇▇▇▇ on whose behalf a Guard- ianship has been established under applicable law, or (b) the estate of a deceased member being administered under applicable law. Any guardian or estate representative (whether executor, adminis- trator or otherwise) authorized to sign on any such Account shall be subject to the terms and conditions set forth in this Account Agreement and any other Agreement governing any such Account. You agree that we will have no fiduciary responsibility or obliga- tion in connection with any such Account beyond our obligations otherwise set forth in this Agreement and you agree that we will not be liable for any loss oc- casioned by the fraud, negligence, or misapplication of funds by the guardian or estate representative. If we are presented with Letters of Guardianship, Let- ters Testamentary, or Letters of Administration valid on their face, you agree that we will have no further duty (a) to determine if the person appointed guard- ▇▇▇ or estate representative has qualified or contin- ues to be qualified as guardian or as estate repre- sentative, (b) to determine if an act of the guardian or estate representative is in accordance with or authorized by the Texas Probate Code or other ap- plicable law, (c) to question the validity or propriety of any instrument or any instructions executed or given by a person acting as a guardian or estate representative, or (d) to oversee the administration by a guardian or estate representative of money or other property paid or delivered to him or her. You agree that we may rely upon Letters of Guardian- ship, Letters Testamentary, or Letters of Administra- tion that are valid upon presentment, that we may continue to rely upon the same without inquiring into their expiration or renewal, and that we may assume their renewal unless notified to the contrary. Further, you agree that we will have no obligation to recog- nize or honor any such Letters that we know to have expired without renewal pursuant to the provisions of the Texas Probate Code or other applicable law. If we receive notice of expiration without renewal, we will have no obligation to honor any check that is presented for payment or to honor any requests for withdrawal of funds from the Account of a ▇▇▇▇ or an estate until we receive renewed Letters or another order issuing out of a Court of competent jurisdiction. If an estate Account is opened, the Account will ...
