Common use of Dormant Accounts Clause in Contracts

Dormant Accounts. If you have not made a withdrawal from, or a deposit to, your Account for an extended period of time and we have been unable to contact you, your Account may be classified by us as dormant. Subject to applicable law, we may charge a dormant account fee on the Account, and the Account will be presumed to be abandoned. In accordance with state law, funds in abandoned accounts will be remitted to the custody of the applicable state agency, and we will have no further liability to you for such funds. We reserve the right not to send statements on accounts we consider dormant, subject to applicable law.

Appears in 13 contracts

Samples: Deposit Agreement, www.r.bank, Deposit Account Agreement

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Dormant Accounts. If you have not made a withdrawal from, or a deposit to, your Account for an extended period of time and we have been unable to contact you, your Account may be classified by us as dormant. Subject to applicable law, we may will charge a dormant account fee on the Account, Account and the Account will be presumed to be abandoned. In accordance with state law, funds in abandoned accounts will be remitted to the custody of the applicable state agency, and we will have no further liability to you for such funds. We reserve the right not to send statements on accounts Accounts we consider dormant, subject to applicable law.

Appears in 1 contract

Samples: Electronic Fund Transfer Agreement

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Dormant Accounts. If you have not made a withdrawal from, from or a deposit to, to your Account account for an extended period of time (six months), and we have been unable to contact you, your Account account may be classified by us as dormant. Subject to applicable law, we may charge a dormant account fee on the Account, and the Account account. The account will be presumed to be abandoned. In accordance with state law, funds in abandoned accounts will be remitted to the custody of the applicable state agency, and we will have no further liability to you for such funds. We reserve the right not to send statements on accounts we consider dormant, subject to applicable law.

Appears in 1 contract

Samples: s3.us-east-1.amazonaws.com

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