proprietary member definition
proprietary member means a member who can transact or clear on its own account or on account of its affiliates or associates, but not on account of anyone else;
proprietary member means and refer to those persons entitled to membership as provided in the Declaration.
proprietary member means an owner, shareholder, or partner of an insured entity.
More Definitions of proprietary member
proprietary member means a member who can transact and clear their own account only. It may also transact on behalf of their affiliate entities.