Common use of Disputes Involving Your Account Clause in Contracts

Disputes Involving Your Account. If we have been notified of, or we reasonably believe, there exists a legitimate dispute among any parties who have or claim an interest in your account, we may, at our discretion: • continue to rely on the account signature forms and other account documents in our possession • pay the funds to an appropriate court of law or equity for resolution • honor the competing claim upon receipt of evidence we deem satisfactory to justify such claim • close the account and pay the proceeds to all who have or claim an interest in the account or the account owner(s) as indicated in our records You, your estate, and your successors-in-interest agree to indemnify and hold LCCU harmless from and against all claims, actions, costs and liabilities arising out of or relating to actions taken in opening and maintaining your account, making distributions upon notice of the death of the last surviving account holder pursuant to the terms of this agreement and any conflicting designations of the funds in your account by will, revocable living trust or any other instrument.

Disputes Involving Your Account. If we have been notified of, or we reasonably believe, there exists a legitimate dispute among any parties who have or claim an interest in your account, we may, at our discretion: • continue ⮚ Continue to rely on the account signature forms and other account documents in our possession • pay possession; ⮚ Pay the funds to an appropriate court of law or equity for resolution • honor resolution; ⮚ Honor the competing claim upon receipt of evidence we deem satisfactory to justify such claim • close claim; and/or ⮚ Close the account and pay the proceeds to all who have or claim an interest in the account or the account owner(s) as indicated in our records records. You, your estate, and your successors-in-interest agree to indemnify and hold LCCU LGFCU harmless from and against all claims, actions, costs and liabilities arising out of or relating to actions taken in opening and maintaining your account, making distributions upon notice of the death of the last surviving account holder pursuant to the terms of this agreement Agreement and any conflicting designations of the funds in your account by will, revocable living trust or any other instrument.

Disputes Involving Your Account. If we have been notified ofnotified, or we reasonably believe, there exists a legitimate dispute among any parties who have or claim an interest in your account, we may, at our discretion: • continue to rely on the account signature forms and other account documents in our possession • pay the funds to an appropriate court of law or equity for resolution • honor the competing claim upon receipt of evidence we deem satisfactory to justify such claim • close the account and pay the proceeds to all who have or claim an interest in the account or the account owner(s) as indicated in our records You, your estate, and your successors-in-interest agree to indemnify and hold LCCU SECU harmless from and against all claims, actions, costs and liabilities arising out of or relating to actions taken in opening and maintaining your account, making distributions upon notice of the death of the last surviving account holder pursuant to the terms of this agreement and any conflicting designations of the funds in your account by will, revocable living trust or any other instrument.