Common use of Accounts of Businesses and Organizations Clause in Contracts

Accounts of Businesses and Organizations. Accounts held in the name of a business, organization or association member are subject to the same terms set forth in this Agreement and the following additional rules. The Credit Union reserves the right to require the member to provide a Business Membership Application and an Authorization Designation Form informing the Credit Union who is authorized to act on its behalf and in what capacity with regard to transacting business on all products, now and in the future. You agree to notify the Credit Union of any change in authority, The Credit Union may rely on the written authorization until

Accounts of Businesses and Organizations. Accounts held in the name of a business, business or organization or association member are subject to all of the same conditions and terms set forth contained in this Agreement for natural person accounts, and the following additional rules. The Credit Union reserves the right to require the business member to provide a Business Membership Application and an Account Authorization Designation Form Card or other documentary evidence satisfactory to the Credit Union informing the Credit Union who is authorized to act on its behalf and in what capacity with regard the business member’s behalf. No POD beneficiary designation (as defined herein below) or other designation shall apply to transacting business on all products, now and in the futureAccount. You agree to notify the Credit Union of any change in authority, The Credit Union may rely on the written authorization untilthis representative