Accounts for minors and protected adults Sample Clauses

Accounts for minors and protected adults. Accounts opened on behalf of non-emancipated minors or protected adults shall operate on the signature or with the intervention of their representative(s) (trustees, authorised agents, conservators, guardians, or supervising guardians) named in accordance with the terms set out by the law and after approval, where necessary, from the legal bodies or authorities competent for the transactions subject to authorisation. Xxxxx er, when the minor is at least 16 years old, his/her legal representative(s) may authorise the minor to operate the account with his/her own signature. Chapter 3 - Operating the account
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Accounts for minors and protected adults. Accounts opened in the name of non-emancipated minor children under eighteen years or protected adults by law operate with the signature or through the intervention of their representative(s) (administrator, authorised agent, curator (within the meaning of art 509-1 of the French Civil Code), guardian or supervisory guardian as defined by articles 417 and 424 of the French Civil code) appointed in accordance with the provisions of the law and subject to approval, where necessary, by the competent legal bodies or authorities for the transactions requiring authorisation. However, when the minor child is 16 years of age at least, he may be authorised by his legal representative(s) to operate the account under his sole signature. Chapter 3 - Operating the account
Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the provisions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under special conditions and are responsible for the proper functioning of the account with regard to the applicable provisions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their under-age child, to the necessity of obtaining prior authorisation from the guardianship judge for certain transactions relating to financial instruments. Therefore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their under-age child, for the present or future, through a substantial change in its content, a significant depreciation in its capital value or a long-term deterioration in the prerogatives of their under-age child, they must obtain prior authorisation from the guardianship judge aiming to determine the conditions for carrying out the transaction (if appropriate the price) and in accordance with article 387-1, 8° of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation from the guardianship judge before placing any order in the context of the Agreement on behalf of their under-age child; since the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge.
Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the prov isions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under the specif ic terms and conditions and are responsible f or the proper functioning of the account with regard to the applicable prov isions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them. The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their underage child, to the necessity of obtaining prior authorisation f rom the guardianship judge for certain transactions relating to financial instruments. Theref ore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their underage child, f or the present or f uture, through a substantial change in its content, a signif icant depreciation of its capital value or a long-term alteration of the prerogatives of their underage child, they must obtain prior authorisation from the guardianship judge with the aim of determining the conditions f or carrying out the transaction (if appropriate, the price) and in accordance with Article 387-1, 8 of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation f rom the guardianship judge before placing any order in the context of the Agreement on behalf of their underage child, as the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge. Additionally , some restrictions are possible if there are several holders that are or that become subject to different tax regimes.
Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the provisions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under the specific terms and conditions and are responsible for the proper functioning of the account with regard to the applicable provisions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them. The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their underage child, to the necessity of obtaining prior authorisation from the guardianship judge for certain transactions relating to financial instruments. Therefore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their underage child, for the present or future, through a substantial change in its content, a significant depreciation of its capital value or a long-term alteration of the prerogatives of their underage child, they must obtain prior authorisation from the guardianship judge with the aim of determining the conditions for carrying out the transaction (if appropriate, the price) and in accordance with Article 387-1, 8 of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation from the guardianship judge before placing any order in the context of the Agreement on behalf of their underage child, as the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge. Additionally, some restrictions are possible if there are several holders that are or that become subject to different tax regimes.

Related to Accounts for minors and protected adults

  • Accounts for Minors We may require any account established by a minor to be a joint account with an owner who has reached the age of majority under state law and who shall be jointly and severally liable to us for any returned item, overdraft, or unpaid charges or amounts on such account. We may pay funds directly to the minor without regard to his or her minority. Unless a guardian or parent is an account owner, the guardian or parent shall not have any account access rights. We have no duty to inquire about the use or purpose of any transaction. We will not change the account status when the minor reaches the age of majority, unless authorized in writing by all account owners.

  • Grievance on Layoffs and Recalls Grievances concerning layoffs and recalls shall be initiated at Step 2 of the grievance procedure.

  • Entity Accounts Not Required to Be Reviewed, Identified or Reported Unless the Reporting Singaporean Financial Institution elects otherwise, either with respect to all New Entity Accounts or, separately, with respect to any clearly identified group of such accounts, where the implementing rules in Singapore provide for such election, a credit card account or a revolving credit facility treated as a New Entity Account is not required to be reviewed, identified, or reported, provided that the Reporting Singaporean Financial Institution maintaining such account implements policies and procedures to prevent an account balance owed to the Account Holder that exceeds $50,000.

  • Review Procedures for Identifying Entity Accounts With Respect to Which Reporting Is Required For Preexisting Entity Accounts described in paragraph B of this section, the Reporting Finnish Financial Institution must apply the following review procedures to determine whether the account is held by one or more Specified U.S. Persons, by Passive NFFEs with one or more Controlling Persons who are U.S. citizens or residents, or by Nonparticipating Financial Institutions:

  • Endorsements and Procedures You agree to restrictively endorse any item transmitted through the Service as “For Mobile Deposit Only at Allied Federal Credit Union” with your Allied Federal Credit Union account number and signature, signed as the name is formatted on the front of the check. In accordance with Federal Reserve specifications, “For Mobile Deposit Only at Allied Federal Credit Union” must be handwritten and cannot be signified by checking printed boxes on the back of the check designated by the check printer. You agree to follow any and all other procedures and instructions for use of this Service as Allied Federal Credit Union may establish in the future. Any loss we incur from delay or processing error resulting from an improper endorsement or other markings by you will be your responsibility. IMAGE QUALITY: The image being transmitted through Mobile Deposit to Allied Federal Credit Union must be an accurate and legible image of the front and back copy of the check, including but not limited to, information about the drawer, the paying bank that is preprinted on the original check, MICR information, signature(s), any required identification written on the front of the check and any endorsements applied to the back of the original check. The image quality must comply with and meet the standards established by the American National Standards Institute, the Board of Governors of the Federal Reserve, and any other regulatory agency, clearing house or association. RECEIPT OF DEPOSIT: All images processed will be treated as “deposits” under your Allied Federal Credit Union Account Agreement and we reserve the right to reject any item transmitted through the Service, at our discretion, without liability to you. We are not responsible for items that We do not receive or for images that are dropped during transmission. When an image is received by Us, we will confirm receipt via email or text to You. Confirmation does not mean that the image contains no errors and will be accepted as a deposit. FUNDS AVAILABILITY: You agree that items transmitted using this Service are not subject to the funds availability requirements of Federal Reserve Board Regulation CC. Items transmitted by You and received by Us by 6:00 p.m. CST Monday through Friday, not including holidays, shall be credited to the Member’s deposit account on the next Business Day. Items received by the Credit Union after 6:00 p.m. CST on any Business Day shall be credited to the Member’s deposit account on the second Business Day after the deposit. Business Days are Monday through Friday, not including Federal and Credit Union posted holidays. RETURNED DEPOSITS: Any credit to your account for checks deposited using Mobile Deposit is provisional. If any item is not honored for any reason you will receive a Substitute Check, which is a paper reproduction of a check that contains an image of the front and back of the check and meets the other technical requirements for a substitute check under Check 21, as the charged-back item. You may not use this Service to deposit a Substitute Check and you may not deposit the original check, whether by physical deposit or by using Mobile Deposit. You agree to be held liable for funds used before the deposit is accepted and shown as a deposit in Your account. You agree to abide by any additional 2 instructions We may provide to You in connection with return checks. RETENTION OF ORIGINAL CHECKS: After you receive confirmation that We have received a check image, and the check image has been credited to Your account, You must xxxx the front of the check with “VOID” and securely store the original check for 90 days after transmission to Us and make the original check accessible to Us at Our request. Upon this request you will deliver, at your expense, the requested original check within 5 Business Days. If not provided in a timely manner by You, such amount will be deducted from Your deposit account regardless of whether such action may cause your account to not have sufficient funds and You agree to pay any associated fee. You may not present the original check or any image or Substitute Check created from the original check for payment at any other financial institution. Member shall be responsible for safekeeping and destruction of original items which are scanned, transmitted electronically and deposited using the Service. After the 90 days you must destroy the original check by cross-cut shredding or other acceptable means of permanent destruction. After destruction of an original check, the image will be the sole evidence of the original check. DEPOSIT LIMITS: We reserve the right to impose limits on the amount(s) and/or number of deposits that You transmit using the Service and to modify such limits from time to time. Mobile deposit limits are $2,000.00 per check and $4,000.00 per day.

  • Use and Protection of Information Recipient agrees to protect such Information of the Discloser provided to Recipient from whatever source from distribution, disclosure or dissemination to anyone except employees of Recipient with a need to know such Information solely in conjunction with Recipient’s analysis of the Information and for no other purpose except as authorized herein or as otherwise authorized in writing by the Discloser. Recipient will not make any copies of the Information inspected by it.

  • Security Violations and Accounts Updates Grantee will adhere to the Confidentiality Article requirements and HHS Data Usage Agreement of this contract and immediately contact System Agency if a security violation is detected, or if Grantee has any reason to suspect that the security or integrity of the CMBHS data has been or may be compromised in any way.

  • Errors, Questions, and Complaints a. In case of errors or questions about your transactions, you should as soon as possible contact us as set forth in Section 6 of the General Terms above.

  • ACCESS TO SECURITY LOGS AND REPORTS Upon request, the Contractor shall provide access to security logs and reports to the State or Authorized User in a format as specified in the Authorized User Agreement.

  • Electronic and Information Resources Accessibility and Security Standards a. Applicability: The following Electronic and Information Resources (“EIR”) requirements apply to the Contract because the Grantee performs services that include EIR that the System Agency's employees are required or permitted to access or members of the public are required or permitted to access. This Section does not apply to incidental uses of EIR in the performance of the Agreement, unless the Parties agree that the EIR will become property of the State of Texas or will be used by HHSC’s clients or recipients after completion of the Agreement. Nothing in this section is intended to prescribe the use of particular designs or technologies or to prevent the use of alternative technologies, provided they result in substantially equivalent or greater access to and use of a Product.

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