Common use of Distribution of Accounts Clause in Contracts

Distribution of Accounts. Conservator, Guardian, Representative Payee, or VA Fiduciary – If you have opened an account for a Protected Person, you as Fiduciary understand and agree that the Credit Union may distribute funds pursuant to the terms of the most recently dated Letters of Conservatorship, Letters of Guardianship, Award Letter, Department of Veterans Affairs Fiduciary Agreement, other documentation on file at the Credit Union, and you, on behalf of the Protected Person forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on those Letters of Authority or other documentation. You further agree that it is your responsibility to notify the Credit Union when your authority as a Fiduciary has been revoked, rescinded, revised, or in any way modified. •Personal Representative – If you have opened an account for an Estate, you, as Personal Representative, understand and agree that the Credit Union may distribute funds pursuant to the terms of your instructions, or pursuant to the terms of a Court Order, and you, on behalf of the Estate, all heirs at law of the decedent, and all successor Personal Representatives forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on that instruction and/or Court Order. You further agree that it is your responsibility to notify the Credit Union when an Estate for which an account has been opened has been closed, rescinded, revised, or in any way modified.

Distribution of Accounts. Conservator, Guardian, Representative Payee, or VA Fiduciary – If you have opened an account for a Protected Person, you as Fiduciary understand and agree that the Credit Union may distribute funds pursuant to the terms of the most recently dated Letters of Conservatorship, Letters of Guardianship, Award Letter, Department of Veterans Affairs Fiduciary Agreement, other documentation on file at the Credit Union, and you, on behalf of the Protected Person forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on those Letters of Authority or other documentation. You further agree that it is your responsibility to notify the Credit Union when your authority as a Fiduciary has been revoked, rescinded, revised, or in any way modified. •Personal Personal Representative – If you have opened an account for an Estate, you, as Personal Representative, understand and agree that the Credit Union may distribute funds pursuant to the terms of your instructions, or pursuant to the terms of a Court Order, and you, on behalf of the Estate, all heirs at law of the decedent, and all successor Personal Representatives forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on that instruction and/or Court Order. You further agree that it is your responsibility to notify the Credit Union when an Estate for which an account has been opened has been closed, rescinded, revised, or in any way modifiedwaymodified.

Distribution of Accounts. Conservator, Guardian, Representative Payee, or VA Fiduciary – If you have opened an account for a Protected Person, you as Fiduciary understand and agree that the Credit Union may distribute funds pursuant to the terms of the most recently dated Letters of Conservatorship, Letters of Guardianship, Award Letter, Department of Veterans Affairs Fiduciary Agreement, other documentation on file at the Credit Union, and you, on behalf of the Protected Person forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on those Letters of Authority or other documentation. You further agree that it is your responsibility to notify the Credit Union when your authority as a Fiduciary has been revoked, rescinded, revised, or in any way modified. •Personal Personal Representative – If you have opened an account for an Estate, you, as Personal Representative, understand and agree that the Credit Union may distribute funds pursuant to the terms of your instructions, or pursuant to the terms of a Court Order, and you, on behalf of the Estate, all heirs at law of the decedent, and all successor Personal Representatives forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on that instruction and/or Court Order. You further agree that it is your responsibility to notify the Credit Union when an Estate for which an account has been opened has been closed, rescinded, revised, or in any way modified.

Distribution of Accounts. Conservator, Guardian, Representative Payee, or VA Fiduciary – If you have opened an account for a Protected Person, you as Fiduciary understand and agree that the Credit Union may distribute funds pursuant to the terms of the most recently dated Letters of Conservatorship, Letters of Guardianship, Award Letter, Department of Veterans Affairs Fiduciary Agreement, other documentation on file at the Credit Union, and you, on behalf of the Protected Person forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on those Letters of Authority or other documentation. You further agree that it is your responsibility to notify the Credit Union when your authority as a Fiduciary has been revoked, rescinded, revised, or in any way modified. •Personal Representative – If you have opened an account for an Estate, you, as Personal Representative, understand and agree that the Credit Union may distribute funds pursuant to the terms of your instructions, or pursuant to the terms of a Court Order, and you, on behalf of the Estate, all heirs at law of the decedent, and all successor Personal Representatives forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on that instruction and/or Court Order. You further agree that it is your responsibility to notify the Credit Union when an Estate for which an account has been opened has been closed, rescinded, revised, or in any way modified.

Distribution of Accounts. Conservator, Guardian, Representative PayeeXxxxx, or VA Fiduciary – If you have opened an account for a Protected Person, you as Fiduciary understand and agree that the Credit Union may distribute funds pursuant to the terms of the most recently dated Letters of Conservatorship, Letters of Guardianship, Award Letter, Department of Veterans Affairs Fiduciary Agreement, other documentation on file at the Credit Union, and you, on behalf of the Protected Person forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on those Letters of Authority or other documentation. You further agree that it is your responsibility to notify the Credit Union when your authority as a Fiduciary has been revoked, rescinded, revised, or in any way modified. •Personal Representative – If you have opened an account for an Estate, you, as Personal Representative, understand and agree that the Credit Union may distribute funds pursuant to the terms of your instructions, or pursuant to the terms of a Court Order, and you, on behalf of the Estate, all heirs at law of the decedent, and all successor Personal Representatives forever indemnify and hold the Credit Union harmless for distributions made in good faith reliance on that instruction and/or Court Order. You further agree that it is your responsibility to notify the Credit Union when an Estate for which an account has been opened has been closed, rescinded, revised, or in any way modified.