Multiple Signatures Not Required. Accountholders who indicate that multiple (two or more) authorized signatures are required for the withdrawal of funds are on notice that we will not assume any responsibility for verification of the existence of multiple signatures on orders of withdrawal against the account, that we will regard this instruction as being for the accountholder’s internal purposes only, and that we will open the account only with the understanding that transaction requests bearing the signature of any one (1) of the authorized signers will be considered properly authorized for payment. Each accountholder agrees that notwithstanding any multiple signatures requirement reflected on the account, they, and each of them, indemnify and hold us harmless from any loss, claim or damage arising from the release of funds from the account upon the signature of any one of the authorized signers.
Multiple Signatures Not Required. We may act on the oral or written instructions of any one signer on the account. Each signer may make withdrawals, write checks, transfer funds, stop payments, obtain ancillary services (e.g., electronic fund transfer services or wire transfers), and otherwise give us instructions regarding your account. We may require written authorization for some actions. We do not assume a duty to enforce multiple signature requirements that you may agree upon among yourselves. If you indicate on your checks or signature card or other account documents that more than one signature is required for withdrawal, this indication is for your own internal procedures and is not binding on us. We may disregard any instructions to permit withdrawals only upon more than one signature with respect to checks, electronic fund transfers or other debit/withdrawal requests. We may pay out funds from your account if the check, item, or other withdrawal or transfer instruction is signed or approved by any one of the persons authorized to sign on the account. We are not liable to you if we do this. Federal regulations require us to retain the right to require all savings and all NOW account depositors to give seven days’ written notice before making a withdrawal. It is unlikely, however, that we would require this notice.
Multiple Signatures Not Required. We may act on the oral or written instructions of any one signer on the account. Each signer may make withdrawals, write checks, transfer funds, stop payments, obtain ancillary services (e.g., electronic fund transfer services or wire transfers), and otherwise give us instructions regarding your account. We may require written authorization for some actions. We do not assume a duty to enforce multiple signature requirements that you may agree upon among yourselves. If you indicate on your checks or signature card or other account documents that more than one signature is required for withdrawal, this indication is for your own internal procedures and is not binding on us. We may disregard any instructions to permit withdrawals only upon more than one signature with respect to checks, electronic fund transfers or other debit/withdrawal requests. We may pay out funds from your account if the check, item, or other withdrawal or transfer instruction is signed or approved by any one of the persons authorized to sign on the account. We are not liable to you if we do this.
Multiple Signatures Not Required. Accountholders who indicate that multiple (two or more) authorized signatures are required for the withdrawal of funds are on notice that we will not assume any responsibility for verification of the existence of multiple signatures on orders of withdrawal against the account, that we will regard this instruction as being for the DFFRXQWKROGHU¶V LQWHUQDO SXUSRVHV RQO\ DQG WKDW ZH ZL transaction requests bearing the signature of any one (1) of the authorized signers will be considered properly authorized for payment. Each accountholder agrees that notwithstanding any multiple signatures requirement reflected on the account, they, and each of them, indemnify and hold us harmless from any loss, claim or damage arising from the release of funds from the account upon the signature of any one of the authorizedsigners.
Multiple Signatures Not Required. We are not required to comply with any multiple-signature requirement, even if your signature card specifies that multiple signatures are required or you have otherwise instructed us to do so. This requirement is for your internal control purposes only.
