Common use of Account Types Clause in Contracts

Account Types. The Services are not intended for and should not be utilized by or for certain fiduciary accounts, accounts requiring two or more signatures, or accounts in the name of a child under 18 years of age. You acknowledge and agree that if you utilize the Services with such accounts, you accept all risk associated with such action and you release us from any liability resulting from such action. Each person on a joint account will be liable for all transactions that are made on that account. Each person on a joint account authorizes all transactions made by any other person on such account. Each person on a joint account agrees to be liable for the actions of the other person(s) on the account.