Agency Designation on an Account. An agency designation on an 26 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.
Appears in 4 contracts
Samples: Membership Agreement, Membership Agreement, Membership Agreement
