Common use of Control of Multiple Party Accounts Clause in Contracts

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (s) and may instruct us regarding transactions and other accounts matters. Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about transactions. We reserve the right to require written consent of all owners for any change to or termination of an account. If we receive written notice of a dispute between owners of inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 4 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

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Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or any part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about transactionsany transaction. We reserve the right to require written consent of all owners for any change to or termination of an account. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 4 contracts

Samples: Membership and Account Agreement, Member Services Disclosures, www.capcu.org

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or any part of the shares without the consent of the other owner(s). Only the member can request membership be terminatedIf you give access to your PIN for any of your accounts, you are giving access to these accounts. We have no duty to notify any owner(s) about transactionsany transaction. We reserve the right to require written consent of all owners for any change to or termination of an account, or if we suspect conflicting power of attorneys. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 4 contracts

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

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, allfunds,stoppaymentonitems,transfer, ,or pledge to us tous all or orany part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about transactionsany transaction. We reserve the right to require written consent of consentof all owners for any change ownersfor anychange to or termination of an ortermination ofan account. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to theaccountandrequireacourtorderorwrittenconsentfrom allownersto act.

Appears in 1 contract

Samples: Membership and Account Agreement

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or any part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about transactionsany transaction. We reserve the right to require written consent of all owners for any change to or termination of an account. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 1 contract

Samples: Membership and Account Agreement

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Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or any part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about transactionsany transaction. We reserve the right to require written consent of all owners for any change to or termination of an account. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 1 contract

Samples: www.coast360fcu.com

Control of Multiple Party Accounts. Any owner is authorized and deemed to act for any other owner (sowner(s) and may instruct us regarding transactions and other accounts account matters. Each owner guarantees the signature of any other owner(s). Any owner may withdraw all funds, stop payment on items, transfer, or pledge to us all or part of the shares without the consent of the other owner(s). Only the member can request membership be terminated. We have no duty to notify any owner(s) about any transactions. Any owner may withdraw all funds in an account and close the account. We reserve the right to require written consent of all owners for any transaction or change to to, or termination of an account. If we receive written notice of a dispute between owners of or inconsistent instructions from them, we may suspend or terminate the account and require a court order or written consent from all owners to act.

Appears in 1 contract

Samples: Account Agreement

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