Account Owner definition

Account Owner means a telecommunications company, including SBC-13STATE, that stores and/or administers Line Record Information and/or Group Record Information in a Party’s LIDB and/or Calling Name Database.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Account Owner means any of the following:

Account Owner means an individual who is a resident of this state, or a resident of a contracting state, and who enters into a Michigan ABLE savings program agreement and establishes an ABLE savings account. The account owner shall be the designated beneficiary of the account unless the designated beneficiary is a minor or lacks capacity to enter into an agreement, in which case a designated representative may open an account on behalf of the minor or incapacitated individual and serve as the account owner.

Examples of Account Owner in a sentence

• The Account Owner agrees that the Credit Union shall not be liable for any losses due to the Account Owner’s failure to notify the Credit Union of such changes.

• An authorized officer, trustee, or agent of the Account Owner will notify the Credit Union of any change in the Account Owner’s composition, assumed business names, or any aspect of the entity affecting the deposit relationship between the Account Owner and the Credit Union before any such change occurs.

• If the Credit Union receives notice of or is aware of a dispute between Account Owners or receives inconsistent instructions or claims from an Account Owner, including third party claims alleging an interest in the Account, the Credit Union may suspend or terminate the Account, require all Account Owners agree in writing to any transaction or require a court order to act by filing any legal action (including an interpleader) for a determination of ownership and for resolution of the dispute.

• It is the responsibility of the Trust Account Owner to ensure that a refund request is submitted in a timely fashion, and all contact information is kept current in order to avoid such forfeitures.

• Account changes requested by you, or any other Account Owner, such as adding or closing an account or service, may be required to be in writing and signed and the same must be evidenced as accepted by the Credit Union at its sole and uncontrolled discretion.

More Definitions of Account Owner

Account Owner means the person who enters into an a Palmetto ABLE savings account agreement pursuant to the provisions of this article. The account owner also must be the designated beneficiary; however, a trustee, guardian, or conservator may be appointed as an account owner for a designated beneficiary who is a minor or lacks capacity to enter into an agreement. Also, the agent of the designated beneficiary acting under durable power of attorney may open and manage an account on behalf of and in the name of a designated beneficiary who lacks capacity.

Account Owner has the meaning specified in the Transfer Agreement.

Account Owner means the owner of a retained asset account who is a resident of this state.

Account Owner means the person who has the right to withdraw funds from the account. The account owner may also be the designated beneficiary of the account.

Account Owner means the person who has the right to withdraw funds from the account.

Account Owner means an individual who owns one or more qualified accounts;

Account Owner means a telecommunications company, including SBC-13STATE that provides an End User’s local service and such company stores and/or administers the End User’s associated Line Record Information and/or Group Record Information in a Party’s LIDB and/or Calling Name Database.