Conflicting Instructions. If conflicting instructions are received from joint owners of an account, BB&T Securities may do any of the following: a) choose which instructions to follow and which to disregard; b) suspend all activity in the account until written instruction signed by all owners is received; c) close the account and deliver all Securities and Other Property, net of debits or liabilities, to the address of record; and/or d) take other appropriate legal action. You agree to indemnify and hold harmless BB&T Securities from any damage or cost BB&T Securities incurs as a result of receiving conflicting instructions, and You further agree that in the event indemnification is insufficient, You hereby give BB&T Securities a right of contribution from You.
Appears in 8 contracts
Samples: Account Agreement, Account Agreement, Account Agreement
