Common use of Accounts Owned by Representative Payees for Social Security Beneficiaries Clause in Contracts

Accounts Owned by Representative Payees for Social Security Beneficiaries. As a member, you may open and own an account as a “representative payee” for a “social security beneficiary.” We reserve the right to require you to prove both your authority to act as a representative payee for the social security beneficiary and your identity as a representative payee prior to opening the account. The account is a one owner account owned by you as a representative payee, in which you as the account owner-representative payee hold funds for the exclusive right and benefit of the social security beneficiary. Though dividends/interest paid to the account are/is reported under the beneficiary’s name and Social Security Number, you as the representative payee are the owner of the account, and barring a court order are the only person who is entitled to conduct transactions on the account, change and/or close the account.

Accounts Owned by Representative Payees for Social Security Beneficiaries. As a member, you You may open and own an account and related services as a “representative payee” for a “social security beneficiary.” We reserve the right to ”. You understand that we may require you to prove both your authority to act as a representative payee for the social security beneficiary and your identity as a representative payee prior to before opening the account. The account is a one owner account owned by you as a representative payee, in which you as the account owner-representative payee hold the funds for the exclusive right and benefit of the social security beneficiary. Though While dividends/interest paid to the account are/is reported under the beneficiary’s name and Social Security Number, you as the representative repre- sentative payee are the owner of the accountaccount and, and barring a court order order, are the only person who is entitled to conduct transactions on the account, change and/or and initiate, change, add, close or terminate the accountaccount or services.

Accounts Owned by Representative Payees for Social Security Beneficiaries. As a member, you You may open and own an account as a “representative payee” for a “social security beneficiary.” We reserve the right to You agree that we may require you to prove both your authority to act as a representative payee for the social security beneficiary and your identity as a representative repre- sentative payee prior to before opening the account. The account is a one owner account owned by you as a representative payee, in which you as the account owner-representative payee hold funds for the exclusive right and benefit of the social security beneficiarybenefi- ciary. Though While dividends/interest paid to the account are/is reported under the beneficiary’s name and Social Security Number, you as the representative payee are the owner of the accountaccount and, and barring bar- ring a court order order, are the only person who is entitled to conduct transactions on the account, change change, and/or close the account.

Accounts Owned by Representative Payees for Social Security Beneficiaries. As a member, you You may open and own an account as a “representative payee” for a “social security beneficiary.” We reserve the right to You agree that we may require you to prove both your authority to act as a representative payee for the social security beneficiary and your identity as a representative payee prior to before opening the account. The account is a one owner account owned by you as a representative payee, in which you as the account owner-representative payee hold funds for the exclusive right and benefit of the social security beneficiary. Though While dividends/interest paid to the account are/is reported under the beneficiary’s name and Social Security Number, you as the representative payee are the owner of the accountaccount and, and barring a court order order, are the only person who is entitled to conduct transactions on the account, change change, and/or close the account.

Accounts Owned by Representative Payees for Social Security Beneficiaries. As a member, you You may open and own an account and related services as a “representative payee” for a “social security beneficiary.” We reserve the right to ”You understand that we may require you to prove both your authority to act as a representative payee for the social security beneficiary and your identity as a representative payee prior to before opening the account. The account is a one owner account owned by you as a representative payee, in which you as the account ac- count owner-representative payee hold the funds for the exclusive right and benefit of the social security beneficiary. Though While dividends/interest paid to the account are/is reported re- ported under the beneficiary’s name and Social Security Number, you as the representative repre- sentative payee are the owner of the accountaccount and, and barring a court order order, are the only person who is entitled to conduct transactions on the account, change and/or and initiate, change, add, close or terminate the accountaccount or services.