Common use of Death or Incompetence of Account Owner Clause in Contracts

Death or Incompetence of Account Owner. We may continue to accept deposits to an account, to pay items drawn against an account, to pay other payment orders against an account and allow any other transactions with respect to an account until we are notified of an account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account Owner, once we are notified of an Owner’s death, we may pay items drawn against the account or other payment orders authorized by the deceased account Owner for a period of ten days after the account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the account. We may require any person claiming an interest in the account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement will be binding upon the heirs or legal representatives of any deceased account Owner or any account Owner who is adjudicated incompetent. We may discontinue to pay dividends or interest on an account following the death of an account Owner. If any surviving joint owner is a member of the Credit Union or is eligible for membership, we may require that the account be closed and reopened in the name of that surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount Party, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten days after the account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner’s Account. If Surviving joint Owner spouses may continue to maintain the joint Account of a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liabilityAccount Owner.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account OwnerAccount owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount party, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Owner Account owner for a period of ten 10 days after the account OwnerAccount owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Owner Account owner or any account Owner Account owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account OwnerAccount owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay checks or items drawn against by the account Account Owner or other payment orders authorized by the deceased account Account Owner, until we receive notice of the Account Owner’s death and have a reasonable opportunity to act on it. Upon the receipt of documentation or information suggesting an Account Owner may be incompetent, we may restrict the types or sizes of transactions we will permit on a case-by-case basis. In addition to the foregoing, we may pay checks drawn by the Account Owner for a period of ten days after the account Account Owner’s death death, even if we are given notice of the death, unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in that the name of that funds be transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Owner’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue to pay dividends or interest on an account following On the death of an account Account Owner, we may choose in our discretion whether to continue paying dividends on the Account. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in that the name of that funds be transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. You agree to notify us promptly in the event of any death or adjudicated incompetence of any Party to your account. We may continue to accept deposits to an account, to pay items drawn against an account, to pay other payment orders against an account and allow any other transactions with respect to an account until we are notified of an account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account Owner, once we are notified of an Owner’s death, we may pay items drawn against the account or other payment orders authorized by the deceased account Owner for a period of ten days after the account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the account. We may require any person claiming an interest in the account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement will be binding upon the heirs or legal representatives of any deceased account Owner or any account Owner who is adjudicated incompetent. We may discontinue to pay dividends or interest on an account following the death of an account Owner. If any surviving joint owner is a member of the Credit Union or is eligible for membership, we may require that the account be closed and reopened in the name of that surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account OwnerAccount owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount party, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Owner Account owner for a period of ten 10 days after the account OwnerAccount owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Agreement will be binding upon the heirs or legal representatives of any deceased account Owner Account owner or any account Owner Account owner who is adjudicated incompetent. We may discontinue continue to pay interest or dividends or interest on an account Account following the death of an account OwnerAccount owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue to pay paying dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in that the name of that funds be transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions transac- tions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated adjudicat- ed incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in that the name of that funds be transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Ac- count.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account and allow any other transactions with respect to an account Account until we are notified of an account OwnerAccount owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Owner Account owner for a period of ten days after the account OwnerAccount owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Owner Account owner or any account Owner Account owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account OwnerAccount owner. If any surviving joint owner on a multi-party account is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liabilityowner.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount Party, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Ac- count or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have had a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount Party, once we are notified of an Account Owner’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue to pay dividends or interest on an account following On the death of an account Account Owner, we may choose in our discretion whether to continue paying dividends on the Account. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. You agree to notify us promptly in the event of any death or adjudicated incompetence of any Party to your Account. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account Account Owner, once we are notified of an Account Owner’s death, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability's account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Owner Account owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If On the death of the primary owner of a joint Account, if any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s Account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liability’s account.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount Party, once we are notified of an Account Owner’s death, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Owner Account owner who is adjudicated incompetent. We may discontinue to pay paying dividends or interest on an account Account following the death of an account OwnerAccount owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that surviving Joint Owner. If a deceased account Owner has any loans with us, ’s portion of the funds may be placed on hold until we have a reasonable amount of time transferred to determine member liabilitythe Joint Owner’s Account.

Death or Incompetence of Account Owner. You agree to notify us promptly if any Account Owner or authorized signer on your Account dies or is declared incompetent by a court. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account, and allow any other transactions with respect to an account Account until we are notified of an account Account Owner’s death or of an adjudication of incompetence, incompetence and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount owner, once we are notified of an Owner’s deathAccount Owners death or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Account Owner for a period of ten 10 days after the account Account Owner’s death or our learning of the Account Owner’s adjudicated incompetence unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Agreement will be binding upon the heirs or legal representatives of any deceased account Account Owner or any account Account Owner who is adjudicated incompetent. We may discontinue continue to pay interest or dividends or interest on an account Account following the death of an account Account Owner. If any surviving joint owner Joint Owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that funds transferred to the surviving Joint Owner’s Account. If a deceased account any deposit such as salary, pension income, or Social Security benefits is posted to an Account after an Account Owner has any loans with usdied, funds you agree that we may be placed on hold until we have a reasonable amount of time reclaim the deposit and return it to determine member liabilitythe sender.

Death or Incompetence of Account Owner. We may continue to accept deposits to an accountAccount, to pay items drawn against an accountAccount, to pay other payment orders against an account Account and allow any other transactions with respect to an account Account until we are notified of an account OwnerAccount owner’s death or of an adjudication of incompetence, and we have a reasonable opportunity to act upon any such notice. Subject to our policies and procedures, and subject to any separate agreement we may enter into with any surviving account OwnerAccount holder, once we are notified of an Ownera member’s deathdeath or adjudicated incompetence, we may pay items drawn against the account Account or other payment orders authorized by the deceased account Owner Account owner for a period of ten days after the account OwnerAccount owner’s death unless we are ordered to stop payment by a person claiming an interest in the accountAccount. We may require any person claiming an interest in the account Account to indemnify us against any losses arising out of the payment of any such claim, and the account agreement this Account Agreement will be binding upon the heirs or legal representatives of any deceased account Owner Account owner or any account Owner Account owner who is adjudicated incompetent. We may discontinue continue to pay dividends or interest on an account Account following the death of an account OwnerAccount owner. If any surviving joint owner is a member of the Credit Union or is eligible for membershipUnion, we may require that the account Account be closed and reopened in the name of that surviving Joint Owner. If a deceased account Owner has any loans with us, funds may be placed on hold until we have a reasonable amount of time to determine member liabilityjoint owner.