Common use of Joint Account Holders Clause in Contracts

Joint Account Holders. If there is more than one account holder, each account holder is jointly and severally liable for obligations arising under this agreement. Each joint account holder, acting alone and without notice to any other account holder, has the authority to deal with us fully and completely. We will follow the instructions of any joint account holder and we will not be responsible for determining the purpose or propriety of any instruction received from any joint account holder. We reserve the right to require written instructions from all account holders, at our discretion. Any notice sent to one account holder will be deemed to be notice to all account holders.

Appears in 7 contracts

Samples: Brokerage Account Agreement, New Account Application & Agreement, New Account Application & Agreement

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