Common use of Accrual of Dividends and Interest Clause in Contracts

Accrual of Dividends and Interest. Dividends and interest will begin to accrue on the business day that cash and non-cash items, such as checks, are deposited to your Account. Accounts converted from non-dividend bearing accounts will begin to accrue dividends no later than the business day after the account is converted.

Appears in 4 contracts

Samples: Business Membership Account Agreement, Business Membership Account Agreement, Business Membership Account Agreement

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