Common use of Account Titling and Ownership Clause in Contracts

Account Titling and Ownership. The Account may only be owned and titled in the name of one person who may deposit, transfer, or withdraw funds. The Account cannot be owned or titled jointly, by an organization, as Payable on Death (“POD”) or “In Trust For” (“ITF”).

Appears in 12 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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Account Titling and Ownership. The Account may only be owned and titled in the name of one person who may deposit, transfer, or withdraw funds. The Account cannot be owned or titled jointly, by an organization, as "Payable on Death (“POD”) Death" or "In Trust For” (“ITF”)".

Appears in 6 contracts

Samples: Bank Account Agreement, E Sign Agreement, E Sign Agreement

Account Titling and Ownership. The Current Account may only be owned and titled in the name of one person who may deposit, transfer, or withdraw funds. The Current Account cannot be owned or titled jointly, by an organization, as Payable on Death (“POD”) or “In Trust For” (“ITF”).

Appears in 1 contract

Samples: Deposit Account Agreement

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Account Titling and Ownership. The Account may only be owned and titled only in the name of one person individual who may deposit, transfer, or withdraw funds. The Account also cannot be owned or titled jointly, by an organization, established as a “Payable on Death (“POD”) Death” or “In Trust For” (“ITF”)account.

Appears in 1 contract

Samples: Consumer Account Agreement

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