Common use of Accuracy of Account Information Clause in Contracts

Accuracy of Account Information. Unless You have advised BB&T Securities otherwise in writing, You represent that You are of legal age, have the required legal capacity to enter into, and are authorized to enter into this Agreement. You agree to notify us in writing of any important change in information You supplied on the Account Application Form. Specifically, You agree to notify BB&T Securities in writing if You are or become: (1) an employee or member of any securities exchange (or corporation of which any exchange owns a majority of the capital stock), the Financial Industry Regulatory Authority, or of any broker-dealer, a senior officer of any bank, savings and loan institution, insurance company, registered investment company, registered investment advisory firm or institution that purchases securities, or a member of the immediate family of such a person; or (2) a director, 10% shareholder, policy-making executive or otherwise an affiliate (as defined under Rule 144 under the Securities Act of 1933) of a publicly traded company. You further represent that You are financially capable of satisfying any obligation undertaken through Your account. You also represent that no one except the person(s) named on the account has any interest in the account. You will promptly notify BB&T Securities in writing if any of the above circumstances change. This Agreement constitutes a valid and binding obligation of the Client or Account Holder enforceable against the Client or Account Holder in accordance with its terms.