Common use of Individual Business Accounts Clause in Contracts

Individual Business Accounts. An individual business account is an account owned by one depositor, including any individual, sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate.

Appears in 5 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

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Individual Business Accounts. An individual business account is an account owned by one depositor, depositor including any individual, individual or sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate.

Appears in 5 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership Account Agreement

Individual Business Accounts. An individual business account is an account owned by one depositor, including any individual, sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estatedecedent’sestate.

Appears in 3 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement

Individual Business Accounts. An individual business account Account is an account owned by one depositor, including any individual, sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate.

Appears in 2 contracts

Samples: Business Membership and Account Agreement, Business Membership and Account Agreement

Individual Business Accounts. An individual business account is an account owned by one depositor, depositor including any individual, or sole proprietor qualified for Credit Union membership. If membership and the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate.used for business purposes. If the

Appears in 1 contract

Samples: Membership and Account Agreement

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Individual Business Accounts. An individual business account is an account owned by one depositor, depositor including any individual, individual or sole proprietor qualified for Credit Union membershipmembership with us. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedentpayable-on-death (POD) beneficiary or to the owner’s estate, if applicable.

Appears in 1 contract

Samples: Business Membership & Account Agreement

Individual Business Accounts. An individual business account is an account owned by one depositor, including any individual, sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedentdescendant’s estate.

Appears in 1 contract

Samples: Business Membership & Account Agreement

Individual Business Accounts. An individual business account is an account owned by one depositor, including any individual, sole proprietor qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual individ ual owner will pass, subject to applicable law, to the decedent’s estate.

Appears in 1 contract

Samples: Business Membership and Account Agreement

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