Common use of Multiple Trustees Clause in Contracts

Multiple Trustees. If there is more than one Trustee, the Credit Union is hereby authorized to recognize any of the signatures on the Signature Card in the payment of funds of the transaction of any business for the account. The Trustees of the account agree with each other and the Credit Union that all sums paid into the account at any time by any or all of said Trustees with all accumulations on such sums are and shall be subject to the withdrawal or receipt of any of them, and payment to any of them shall be valid and discharge the Credit Union from any liability for such payment.

Multiple Trustees. If there is more than one Trustee, the Credit Union is hereby authorized to recognize any of the signatures on the Signature Account Card in the payment of funds of the transaction of any business for the account. The Trustees of the account agree with each other and the Credit Union that all sums paid into the account at any time by any or all of said Trustees with all accumulations on such sums are and shall be subject to the withdrawal or receipt of any of them, and payment to any of them shall be valid and discharge the Credit Union from any liability for such payment.

Multiple Trustees. If there is more than one Trustee, the Credit Union is hereby authorized au- thorized to recognize any of the signatures on the Signature Account Card in the payment of funds of the transaction of any business for the account. The Trustees of the account agree with each other and the Credit Union that all sums paid into the account at any time by any or all of said Trustees with all accumulations on such sums are and shall be subject to the withdrawal or receipt of any of them, and payment to any of them shall be valid and discharge dis- charge the Credit Union from any liability for such payment.