Acknowledgement of Fiduciary Responsibility. Any trustee for a trust who signs a Membership Card for Revocable Trust Account acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee further agrees to conduct all business with the Credit Union on behalf of the trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.
Acknowledgement of Fiduciary Responsibility. As Trustee(s), you acknowledge and understand your legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. You further agree to conduct all business with the Credit Union on behalf of the Trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.
Acknowledgement of Fiduciary Responsibility. As a Fiduciary, you acknowledge and understand (i) you owe the Protected Person a legal Fiduciary responsibility and (ii) your legal obligations as a Fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code, Social Security Administration Rules and Regulations, or the Department of Veterans Affairs Rules and Regulations, as the case may be, to care for the Protected Person’s or Estate’s property, including funds held on deposit in the Credit Union. You further agree to conduct all business with the Credit Union on behalf of the Protected Person or Estate in accordance with state and federal laws as well as orders from any court of competent jurisdiction, Social Security Administration Rules and Regulations, or Department of Veterans Affairs Rules and Regulations. You understand and agree that funds in a Fiduciary Account may not be pledged as security for any purpose.
Acknowledgement of Fiduciary Responsibility. Any trustee for a trust who signs a Master Membership Application acknowledges and understands the trustee’s legal obligations as a fiduciary and as more fully set forth in the Michigan Estates and Protected Individuals Code. Such trustee further agrees to conduct all business with the Credit Union on behalf of the trust in accordance with state and federal laws as well as orders from any court of competent jurisdiction.
Acknowledgement of Fiduciary Responsibility. As a Custodian under the Uniform Transfers to Minors Act, you acknowledge and understand your legal obligations as a Fiduciary and as more fully set forth in the Uniform Transfers to Minors Act. You further agree to conduct all business with the Credit Union on behalf of the minor in accordance with state and federal laws as well as orders from any court of competent jurisdiction.
Acknowledgement of Fiduciary Responsibility. As Fiduciary, you acknowledge and understand, that you owe the Protected Person a legal fiduciary responsibility, as more fully set forth in the Michigan Estates and Protected Individuals Code, or the Social Security Administration Rules and Regulations, as the case may be, to care for his or its property, including funds held on deposit in the Credit Union. You further agree to conduct all business with the Credit Union on behalf of the Protected Person in accordance with state and federal laws as well as orders from any court of competent jurisdiction or the Social Security Administration Rules and Regulations. You understand and agree that funds in this Account may not be pledged as security for any purpose.
Acknowledgement of Fiduciary Responsibility. Fiduciary acknowledges and understands his or her legal obligations as a fiduciary and as more fully set forth in state or federal law conferring or granting fiduciary status under which the Fiduciary is acting. You further agree to conduct all business with us on behalf of the Protected Person in accordance with state and federal laws as well as any orders of any court of competent jurisdiction and accept full knowledge and responsibility when acting in accordance with your duties. You acknowledge and agree that you have no ownership interest in the fiduciary account nor is there any joint survivorship in the fiduciary account.
