Common use of Estate Accounts Clause in Contracts

Estate Accounts. A lawfully created estate may establish an account at the Credit Union under certain criteria. A lawfully created estate is an estate created by a court of competent jurisdiction for the benefit of a deceased member or a member under the protection of the court. Only the persons or entities who have been designated to serve as personal re presentative(s)/conservator(s) may transact business on the account. Any individual personal representative/conservator may act for the estate and may instruct us regarding transactions and any other account matters. If more than one personal representative/ conservator is required to authorize a transaction, the estate cannot maintain an account at the Credit Union. Each personal representative/conservator guarantees the signature(s) of all other personal representative(s)/ conservator(s). Any single personal representative/conservator may individually withdraw any or all funds, stop payment on items, order checks, or engage in any other activity concerning the account without the consent of the other personal representative(s)/conservator(s). In each such case, the act of any single personal representative/ conservator is binding upon the estate and all of the other personal representative(s)/ conservator(s). We have no duty to notify any other personal representative(s)/conservator(s) about any transactions.

Estate Accounts. A lawfully created estate may establish an account at the Credit Union credit union under certain criteria. A lawfully created estate is an estate created by a court of competent jurisdiction for the benefit of a deceased member or a member under the protection of the court. Only only the persons or entities who have been designated to serve as personal re presentative(s)/conservator(srepresentative(s)/ conservator(s) may transact business on the account. Any individual personal representative/representative/ conservator may act for the estate and may instruct us regarding transactions and any other account matters. If if more than one personal representative/ conservator is required to authorize a transaction, the estate cannot maintain an account at the Credit Unioncredit union. Each each personal representative/conservator guarantees the signature(s) of all other personal representative(s)/ conservator(s). Any single personal representative/representative/ conservator may individually withdraw any or all funds, stop payment on items, order checks, or engage in any other activity concerning the account without the consent of the other personal representative(s)/conservator(srepresentative(s)/ conservator(s). In in each such case, the act of any single personal representative/ conservator is binding upon the estate and all of the other personal representative(s)/ conservator(s). We have no duty to notify any other personal representative(s)/conservator(srepresentative(s)/ conservator(s) about any transactions. cross-member account transfers may be made in person on estate accounts.

Estate Accounts. A lawfully created estate may establish an account at the Credit Union under certain criteria. A lawfully created estate is an estate created by a court of competent jurisdiction for the benefit of a deceased member or a member under the protection of the court. Only the persons or entities who have been designated to serve as personal re presentative(s)/conservator(srepresentative(s)/conservator(s) may transact business on the account. Any individual personal representative/conservator may act for the estate and may instruct us regarding transactions and any other account matters. If more than one personal representative/ conservator is required to authorize a transaction, the estate cannot maintain an account at the Credit Union. Each personal representative/conservator guarantees the signature(s) of all other personal representative(s)/ conservator(srepresentative(s)/conservator(s). Any single personal representative/conservator may individually withdraw any or all funds, stop payment on items, order checks, or engage in any other activity concerning the account without the consent of the other personal representative(s)/conservator(s). In each such case, the act of any single personal representative/ conservator is binding upon the estate and all of the other personal representative(s)/ conservator(srepresentative(s)/conservator(s). We have no duty to notify any other personal representative(s)/conservator(s) about any transactions. Xxxxx-xxxxxx account transfers may be made in person on estate accounts.

Estate Accounts. A lawfully created estate may establish an account at the Credit Union under certain criteria. A lawfully created estate is an estate created by a court of competent jurisdiction for the benefit of a deceased member or a member under the protection of the court. Only the persons or entities who have been designated to serve as personal re presentative(s)/conservator(srepresentative(s)/conservator(s) may transact business on the account. Any individual personal representative/representative/ conservator may act for the estate and may instruct us regarding transactions and any other account matters. If more than one personal representative/ conservator is required to authorize a transaction, the estate cannot maintain an account at the Credit Union. Each personal representative/conservator guarantees the signature(s) of all other personal representative(s)/ conservator(s). Any single personal representative/conservator may individually withdraw any or all funds, stop payment on items, order checks, or engage in any other activity concerning the account without the consent of the other personal representative(s)/conservator(s). In each such case, the act of any single personal representative/ representative/conservator is binding upon the estate and all of the other personal representative(s)/ conservator(s). We representative(s)/conservator(s).We have no duty to notify any other personal representative(s)/conservator(srepresentative(s)/ conservator(s) about any transactions. Cross-member account transfers may be made in person on estate accounts.