Common use of Individual Account Clause in Contracts

Individual Account. You may open and establish an individual account if you are an individual, guardian, conservator, estate or personal trust, provided that all the beneficiaries are natural persons. If you establish an individual account, you are the sole owner of your account. Only you may write checks against your account or withdraw money, regardless of who actually owns the funds.

Appears in 5 contracts

Samples: Deposit Account Agreement, Deposit Account Agreement, Deposit Account Agreement

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