Common use of Accounts for Living Trusts Clause in Contracts

Accounts for Living Trusts. An account for a living trust is an account held by one or more trustees for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will provide to the Credit Union evidence of the trustee’s authority. Trustee warrants that a valid living trust has been created, currently exists and that the grantor is eligible for membership in the Credit Union. The Credit Union is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor trustee notifies the Credit Union in writing prior to any unauthorized act. This Agreement shall be binding on the trust, successor trustee(s) and beneficiaries.

Accounts for Living Trusts. An account for a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall sign an Account Authorization Card and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx The trustee agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change an Account Card form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies the upon which Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall provide to the Credit Union evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for a living trust Living Trust is an account held by one or more trustees for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will provide supply to the Credit Union evidence a copy of the trust agreement evidencing trustee’s authority. Trustee warrants that a valid living trust Living Trust has been created, is currently exists in existence, and that the grantor is eligible for membership in trustor and beneficiary are members of the Credit Union. The Credit Union is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-co- trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. The trustee(s) agrees to defend as well as agree to indemnify and hold the Credit Union harmless of any claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor trustee notifies the Credit Union in writing prior to any unauthorized act. This Agreement shall be binding on the trust, successor trustee(s) and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustees shall sign an Account Card and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee The Trustee(s) warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor(s), trustee(s) and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx The trustee(s) agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union provided and may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change an Account Change form is received. Funds may be released to any one trustee acting alone or with a co- trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit UnionOCCU, the trustee(s) will shall sign a Living Trust Membership Card and a Trust Certification and provide to the Credit Union any other evidence of the trustee’s authority. Trustee Trustee(s) warrants that a valid living trust has been created, created or currently exists and that the grantor is trustee(s) is/are eligible for membership in the Credit UnionOCCU membership. The Credit Union OCCU does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee(s) agrees to notify the Credit Union OCCU in writing if a change of trustee occurs. Credit Union OCCU may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union OCCU may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form an updated Living Trust Membership Card is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union OCCU harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies the Credit Union in writing upon which OCCU relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for a living trust Living Trust is an account held by one or more trustees for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will provide supply to the Credit Union evidence a copy of the trust agreement evidencing trustee’s authority. Trustee warrants that a valid living trust Living Trust has been created, is currently exists in existence, and that the grantor is eligible for membership in trustor and beneficiary are members of the Credit Union. The Credit Union is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-co- trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. The trustee(s) agrees to defend as well as agree to indemnify and hold the Credit Union harmless of any claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor trustee notifies the Credit Union in writing prior to any unauthorized act. This Agreement shall be binding on the trust, successor trustee(s) and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall sign a Membership Application and provide to the Credit Union any other evidence of the trustee’s authority's authority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust trust. Funds may be released to any one trustee acting alone or any account change form is receivedwith a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Account Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for a living trust is an account held by one or more trustees for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will provide supply to the Credit Union evidence a copy of the trust agreement evidencing trustee’s 's authority. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is eligible for membership in trustor and beneficiary are members of the Credit Union. The Credit Union is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. The trustee(s) agrees to defend as well as agree to indemnify and hold the Credit Union harmless of any claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor trustee notifies the Credit Union in writing prior to any unauthorized act. This Agreement shall be binding on the trust, successor trustee(s) and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall sign an Account Card and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust trust. Funds may be released to any one trustee acting alone or any account change form is receivedwith a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will shall sign a Living Trust Membership Card and a Trust Certification and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee Trustee(s) warrants that a valid living trust has been created, created or currently exists and that the grantor is trustee(s) is/are eligible for membership in the Credit UnionUnion membership. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee(s) agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form an updated Living Trust Membership Card is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee, and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall sign an Account Card and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been createdcreated is currently existing, currently exists and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust trust. Funds may be released to anyone trustee acting alone or any account change form is receivedwith a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of from any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustees shall sign an Account Authorization Card and provide to the Credit Union any other evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, and is currently exists and that the grantor is eligible for membership in the Credit Unionexisting. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. The Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. The Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage damage, or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies upon which the Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee, and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more ore beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall provide to the Credit Union evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies the upon which Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall provide to the Credit Union such evidence of the trustee’s authorityauthority as the Credit Union requires. Trustee warrants that a valid living trust has been created, currently exists exists, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change an Account Change form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies the upon which Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.

Accounts for Living Trusts. An account for of a living trust is an individual account held by one or more trustees of a trust for the benefit of one or more beneficiaries pursuant to a revocable trust agreement. Upon request of the Credit Union, the trustee(s) will trustee shall provide to the Credit Union evidence of the trustee’s authorityauthority the Credit Union requires. Trustee warrants that a valid living trust has been created, is currently exists existing, and that the grantor is trustor and primary beneficiary are eligible for membership in the Credit Union. The Credit Union does not act as a trustee and is under no obligation to act as a trustee or to inquire as to the powers or duties of the trustee(s). Xxxxxxx Trustee agrees to notify the Credit Union in writing if a change of trustee occurs. Credit Union may withhold payment of funds to any party until proper evidence of authority is provided. Funds may be released to any one trustee acting alone or with a co-trustee. Credit Union may rely upon the directions of any one trustee until a written notice of revocation of the living trust or any account change form is received. Funds may be released to any one trustee acting alone or with a co-trustee. The trustee(s) agrees to defend as well as to indemnify and hold the Credit Union harmless of any liability, claim, damage or loss arising as a result of unauthorized acts of any trustee or former trustee unless a successor or acts of any trustee notifies the upon which Credit Union in writing relies prior to any unauthorized actnotice of revocation of the trust. This Agreement shall be binding on the trust, any trustee, successor trustee(s) trustee and beneficiaries.