Agency and Fiduciary Accounts (Including Powers of Attorney Sample Clauses

Agency and Fiduciary Accounts (Including Powers of Attorney. Any individual or entity acting as guardian, conservator, personal representative, trustee, custodian, attorney-in-fact or in some other fiduciary capacity (“Agent”) must be designated to usassuchonthesignaturecardorotheraccountdocumentationor record.Weareauthorized tofollowthedirectionsofanAgentregardinganaccountuntil wereceivewrittennoticethatthe agencyorfiduciaryrelationshiphasbeenterminated or revokedandwehavea reasonable opportunitytoactonsuchnotice,butinnoevent lessthanfive(5) businessdays, providedwe mayrecognizesuchterminationearlier. Wearenotliableformisapplicationoffundsfromyour accountbyyourAgent.TheAgent or fiduciary shall be solely responsible for acting in accordance with applicable laws andthetermsofanycourtorder,trustorotherdocument establishingandcoveringthe agent or fiduciary relationship. We are not responsible for insuring compliance with suchlaws, courtordersor documents.Whenanaccountisheldin the nameoftwo(2) or more persons as Agents or in a fiduciary capacity, each authorizes the other to act independentlywithrespecttotheaccount.Wearenotrequiredto recognizeany power ofattorneyandwemayrequirethatanypowerofattorneyformbeapprovedbyus.Ifwe do allowthetransactionof business by itsuse, youandalljointaccountownerswill be boundbytheactionstakenbytheAgent.Wealsoreservetherighttorestrictthetypesor sizesof transactionswe willpermitan Agentto conductona case-by-casebasisandmay requirethe Agentto presenttheoriginaldocumentationestablishingtheirauthoritybefore conducting anytransaction.
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Related to Agency and Fiduciary Accounts (Including Powers of Attorney

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