Common use of Minor Accounts Clause in Contracts

Minor Accounts. We may open a Savings, Checking, or other Account for a minor, receive payment or pay withdrawals on the Account by or for a minor, and act in any other matter on the order of the minor without regard to the minor's capacity, and we are discharged from liability to the extent of any such actions. We may require that certain minor Accounts be jointly owned with an adult 18 years of age or older. Unless a parent or guardian is a Joint Owner on a minor Account, the parent or guardian shall have no rights to access or obtain information about the Account. Even if a parent, guardian, or another adult is a Joint Owner on a minor Account, the minor as an Account owner has the right at any time to withdraw the Account funds and close the Account.

Minor Accounts. We may open a Savings, Checking, or other Account for a minor, receive payment or pay withdrawals on the Account by or for a minor, and act in any other matter on the order of the minor without regard to the minor's ’s capacity, and we are discharged from liability to the extent of any such actions. We may require that certain minor Accounts be jointly owned with an adult 18 years of age or older. Unless a parent or guardian is a Joint Owner on a minor Account, the parent or guardian shall have no rights to access or obtain information about the Account. Even if a parent, guardian, or another adult is a Joint Owner on a minor Account, the minor as an Account owner has the right at any time to withdraw the Account funds and close the Account.

Minor Accounts. We may open a Savings, Checking, or other Account for a minor, receive payment or pay withdrawals on the Account by or for a minor, and act in any other matter on the order of the minor without regard to the minor's ’s capacity, and we are discharged from liability to the extent of any such actions. We may require that certain minor Accounts be jointly owned with an adult 18 years of age or older. Unless a parent or guardian is a Joint Owner on a minor Account, the parent or guardian shall have no rights to access or obtain information about the Account. Even if a parent, guardian, or another adult is a Joint Owner on a minor Account, the minor as an Account owner Owner has the right at any time to withdraw the Account funds and close the Account.