Common use of Agency Designation on an Account Clause in Contracts

Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent.

Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent.

Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union credit union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agentagent except as required by applicable law.

Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Security Credit Union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent.

Agency Designation on an Account. An agency designation on an account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts designated. An agent has no ownership interest in the account(s) or Credit Union voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent, but we reserve the right to deny any withdrawal request from an agent. Account owners agree to hold the Credit Union harmless for any loss resulting from any withdrawal by a designated agent.

Agency Designation on an Account. An agency designation Agency Designation on an account Account is an instruction to us that the owner authorizes another person to make transactions as agent for the account owner regarding the accounts Accounts designated. An agent has no ownership interest in the account(sAccount(s) or Credit Union AllSouth voting rights. We have no duty to inquire about the use or purpose of any transaction made by the agent. For terms regarding Powers of Attorney, refer to Section 10 below.