PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- On-Death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.
Appears in 4 contracts
Sources: Membership Agreement, Membership Agreements, Membership Agreements
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- Onpayable- on-Death death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.. Upon Your death and the death
Appears in 2 contracts
Sources: Membership Agreements, Membership Agreements
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- Onpayable-Death on- death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.. Upon Your death and the death of any joint Owners, the funds on deposit will
Appears in 1 contract
Sources: Agreements and Disclosures
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- Onpayable-Death on- death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.. Upon Your death and the death of any joint Owners, the funds on deposit
Appears in 1 contract
Sources: Membership Agreements
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- Onpayable- on-Death death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.. Upon Your death and the death of any joint
Appears in 1 contract
Sources: Agreements and Disclosures
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- Onpayable-Death on- death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.joint
Appears in 1 contract
Sources: Agreements and Disclosures
PAYABLE-ON-DEATH STATUS. If the Account Designation shows a Payable- On-Death status, any Beneficiary has rights to the Account: (a) if the Beneficiary is a natural person, only if the Beneficiary is alive and only if You and any joint Owners are deceased; (b) if the Beneficiary is a charity or other non-profit organization, only if the charity or non-profit organization is in operation as a validly constituted, registered and/or licensed entity under applicable state law, and You and any joint Owners are deceased.. Upon Your death and the death
Appears in 1 contract
Sources: Agreements & Disclosures