Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified of a member’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 3 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits deposits, and other transactions on an account until we are notified of a member’s death. Once we are notified of a member’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 2 contracts
Samples: Membership and Account Agreement, Membership and Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s 's death. Once we are notified of a member’s an Account Owner's death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member Account Owner for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s Account Owner's account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account ownerAccount Owner that is an individual or organized as a sole proprietorship.
Appears in 2 contracts
Samples: Business Membership Account Agreement, Business Membership Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits deposits, and other transactions on an account until we are notified of a member’s death. Once we are notified of a member’s deathnotified, we may pay drafts or and honor other payments or transfer orders authorized by the deceased member decedent for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 2 contracts
Samples: Terms and Conditions of Your Account, Terms and Conditions of Your Account
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified of a memberan Account Owner’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member Account Owner for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased ownerAccount Owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account ownerAccount Owner that is an individual or organized as a sole proprietorship.
Appears in 1 contract
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified know of a memberan account owner’s death. Once we are notified know of a memberan owner’s death, we may pay drafts checks or honor other payments or transfer orders authorized by the deceased member owner for a period of ten (10) days after that date, unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts checks or other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 1 contract
Samples: Account Agreement & Disclosure
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified of a member’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.losses
Appears in 1 contract
Samples: Membership and Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s 's death. Once we are notified of a member’s 's death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member for a period of (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s 's account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 1 contract
Samples: Membership and Account Agreement
Death of Account Owner. We may continue to honor all transfer orderstransfers, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified receive notice of a member’s death, we may pay drafts or honor other payments or transfer orders transfers authorized by the deceased member for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or and other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 1 contract
Samples: Membership & Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s 's death. Once we are notified of a member’s 's death, we may pay drafts or honor other payments or transfer orders transferorders authorized by the deceased member bythe deceasedmemberfora period often (10)days afterthat date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased owner’s account funds to owner'saccountfundsto indemnify us for any losses resulting from foranylossesresultingfrom our honoring that claimhonoringthatclaim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 1 contract
Samples: Membership and Account Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified know of a member’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or and other items. We may require anyone claiming a deceased owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account owner.
Appears in 1 contract
Samples: Membership Agreement
Death of Account Owner. We may continue to honor all transfer orders, withdrawals, deposits and other transactions on an account until we are notified of a member’s death. Once we are notified of a memberan Account Owner’s death, we may pay drafts or honor other payments or transfer orders authorized by the deceased member Account Owner for a period of ten (10) days after that date unless we receive instructions from any person claiming an interest in the account to stop payment on the drafts or other items. We may require anyone claiming a deceased ownerAccount Owner’s account funds to indemnify us for any losses resulting from our honoring that claim. This Agreement will be binding upon any heirs or legal representatives of any account ownerAccount Owner that is an individual or organized as a sole proprietorship.
Appears in 1 contract