Postdated and Staledated Drafts. You authorize the Credit Union to accept and pay any draft without regard to the date of the draft even if the draft is presented for payment before its date. You also agree not to deposit checks, drafts, or other items before they are properly payable. The Credit Union is under no obligation to you to pay a check or draft drawn on your account which is presented more than six (6) months after its date.
Appears in 3 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Postdated and Staledated Drafts. You authorize the Credit Union to accept and pay any draft draft, without regard to the date of the draft draft, even if the draft is presented for payment before its date. You also agree not to deposit checks, drafts, or other items before they are properly payable. The Credit Union is under no obligation to you to pay a check or draft drawn on your account which is presented more than six (6) months after its date.
Appears in 1 contract
Samples: Account Agreement