Common use of FAMILY MEMBERSHIP Clause in Contracts

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). • SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. • PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. • LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). • LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s supervision. • LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. • CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). •  SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. •  PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. •  LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). •  LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s supervision. •  LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. •  CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). • ⚫ SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. • ⚫ PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. • ⚫ LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s 's debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). • ⚫ LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s 's supervision. • ⚫ LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. • ⚫ CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • ⚫ NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement. ⚫ UNINCORPORATED NON-PROFIT ASSOCIATION ACCOUNTS - An unincorporated non-profit association is a gathering of people for a common purpose that is not a legal entity separate from the persons who compose it.

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). • SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. • PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. • LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s 's debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). • LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s 's supervision. • LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. • CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather grandfather, aunt, uncle, niece, nephew and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). •  SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. •  PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. •  LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). •  LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s supervision. •  LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. •  CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.

FAMILY MEMBERSHIP. Credit Union members in good standing and whose status is currently within the Credit Union's common bond (as outlined therein) may sponsor immediate family members and possibly other members of Your household for Credit Union membership. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). •  SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. •  PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. •  LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s 's debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). •  LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s 's supervision. •  LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. •  CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.

FAMILY MEMBERSHIP. Credit Union membership shall be extended to other family members in good standing and whose status of the individual who is currently within the Credit Union's common bond (as outlined therein) may sponsor primarily eligible for membership, including immediate family members and possibly other members of Your household for Credit Union membershipthe eligible individual's household. Eligible family members may include for instance: father, mother, brother, sister, son, daughter, grandmother, grandfather grandfather, and spouse (which may include anyone living in Your residence that You maintain a single economic unit with). •  SOLE PROPRIETORSHIP ACCOUNTS - A sole proprietorship is a business in which one person owns all the assets, owes all the liabilities, and operates in their own personal capacity. •  PARTNERSHIP ACCOUNTS - A partnership is a voluntary association of two or more persons who jointly own and carry on a business for profit. •  LIMITED PARTNERSHIP ACCOUNTS - A limited partnership exists if the partnership consists of one or more persons who control the business and are personally liable for the partnership’s 's debts (general partners), and one or more persons who contribute capital and share profits but who cannot manage that business and are liable only for the amount of their contribution (limited partners). •  LIMITED LIABILITY PARTNERSHIP (LLP) ACCOUNTS - A limited liability partnership exists when a partner is not liable for a negligent act committed by another partner or by an employee not under the partner’s 's supervision. •  LIMITED LIABILITY COMPANY (LLC) ACCOUNTS - A limited liability company is a company statutorily authorized in certain states that is characterized by limited liability, management by members or managers, and limitation on ownership transfers. •  CORPORATION ACCOUNTS - A corporation is an entity (usually a business) having authority under the law to act independently and distinct from the shareholders who own it and having rights to issue stock and exist indefinitely. • NON-PROFIT CORPORATION ACCOUNTS - A non-profit corporation is a corporation that does not issue shares of stock as evidence of ownership but instead is owned by its members in accordance with a charter or agreement.