Common use of Error Notification Clause in Contracts

Error Notification. If you fail to notify HVCU of any errors within 60 days of receipt of your statement you waive the right to assert any errors against us. Multiple Signers. All deposits, including dividends, to an account with more than one signer, may be accessed by any and each authorized signer. The entire account balance may be released to any signer and each signer, without the consent of any other signer, is authorized by every other signer, to make any permissible transaction. With the exception of Interest on Lawyer Accounts (IOLAs), we may be required by service of legal process to remit funds held in an account with multiple signers to satisfy a judgment against any other account signer or other valid debt incurred by any other account signer.

Error Notification. If you fail to notify HVCU HVFCU of any errors within 60 days of receipt of your statement you waive the right to assert any errors against us. Multiple Signers. All deposits, including dividends, to an account with more than one signer, may be accessed by any and each authorized signer. The entire account balance may be released to any signer and each signer, without the consent of any other signer, is authorized by every other signer, to make any permissible transaction. With the exception of Interest on Lawyer Accounts (IOLAs), we may be required by service of legal process to remit funds held in an account with multiple signers to satisfy a judgment against any other account signer or other valid debt incurred by any other account signer.