Common use of Changes in Trustee Authority Clause in Contracts

Changes in Trustee Authority. If a successor Trustee is appointed, neither an Insurer nor any other person who has previously had dealings with the Trustee shall be chargeable with knowledge of such appointment or such change until furnished with notice thereof. Until such notice, the Insurer and any other such party shall be fully protected in relying on any action taken or signature presented which would have been proper in accordance with that information previously received.

Appears in 2 contracts

Samples: Capstone Pharmacy Services Inc, Southbanc Shares Inc

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Changes in Trustee Authority. If a successor Trustee is appointed, neither an Insurer nor any other person who has previously had dealings with the former Trustee shall be chargeable with knowledge of such appointment or such change until furnished with notice thereofwritten notice. Until such notice, the Insurer and any other such party shall be fully protected in relying on any action taken or signature presented which that would have been proper in accordance with that information previously received.

Appears in 1 contract

Samples: Adoption Agreement (Eureka Financial Corp.)

Changes in Trustee Authority. If a successor Trustee is appointed, neither an Insurer nor any other person who has previously had dealings with the Trustee shall be chargeable with knowledge of such appointment or such change until furnished with notice thereofwritten notice. Until such notice, the Insurer and any other such party shall be fully protected in relying on any action taken or signature presented which would have been proper in accordance with that information previously receivedthe previous information.

Appears in 1 contract

Samples: Southwest Community Bancorp

Changes in Trustee Authority. If a successor Trustee is appointed, neither an Insurer nor any other person who has previously had dealings with the Trustee shall be chargeable with knowledge of such appointment or such change until furnished with notice thereof. Until such notice, the Insurer and any other such party shall be fully protected in relying on any action taken or signature presented which would have been proper in accordance with that information previously received.. 70 103

Appears in 1 contract

Samples: Adoption Agreement (Jones Medical Industries Inc /De/)

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Changes in Trustee Authority. If a successor Trustee is appointed, neither an Insurer nor any other person who has previously had dealings with the former Trustee shall be chargeable with knowledge of such appointment or such change until furnished with notice thereofa written notice. Until such notice, the Insurer and any other such party shall be fully protected in relying on any action taken or any signature presented which would have been proper in accordance with that information previously receivedthe previous information.

Appears in 1 contract

Samples: Agreement (Floridian Financial Group Inc)

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