Common use of Account Owner Clause in Contracts

Account Owner. The Member name shown on the signature card is the complete and correct name of the Account Owner. Each Fiduciary warrants that the Account Owner has been duly formed and currently exists and each Fiduciary is authorized to act on behalf of the Account Owner. Fiduciary agrees to provide Credit Union with a true copy of any court or legal documents, or other evidence that the Fiduciary(s) are authorized to enter into the Membership and Account Agreement on behalf of the Account Owner and that each Fiduciary listed on the signature card is authorized to transact business on the Account Owner’s behalf.