Joint Tenancy. Unless otherwise agreed in writing, all money which is now or may later be credited to the Account (including, but not limited to, all interest) is joint property with the right of survivorship. That means that if one of you dies, all money in the Account automatically becomes the property of the other accountholder(s). In order to make this legally effective, you each assign such money to the other accountholder (or the others jointly if there is more than one other accountholder).
Appears in 4 contracts
Samples: Personal Account Agreement, Personal Account Agreement, Personal Account Agreement
