Common use of Notification of Regulatory Authorities Clause in Contracts

Notification of Regulatory Authorities. This EFT Agreement and the EFT services provided in this EFT Agreement are governed by Federal law and Michigan law. You may notify the State agency noted below of any violation of law. The address of this agency is as follows: Credit Union Division Department of Insurance and Financial Services X.X. Xxx 00000 Xxxxxxx, Xxxxxxxx 00000 Electronic Funds Transfer (VISA Debit) Card: If you have received a VISA Debit card (“Card”) from us for the type of terminal transfers noted previously, the following provisions are applicable. • You agree not to use your Card for a transaction that would cause your account balance to go below zero except to the extent that you have contractual overdraft protection arrangements in place. The Card may only be used with your Personal Identification Number (“PIN”), which is used to identify you as an authorized user of the Card. Because the PIN is used for identification purposes, you will agree to notify us immediately if the Card is lost or if the secrecy of the PIN is compromised. • We will not be required to complete any improper transaction, but if we do, you do agree to pay us the amount of the improper withdrawal or transfer upon request. • You also agree not to reveal your PIN to any person not authorized by you to use the Card. • You agree not to write the PIN on the Card or on any item kept with the Card. The security of your account depends upon you maintaining possession of your Card and the secrecy of your PIN.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

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Notification of Regulatory Authorities. This EFT Agreement and the EFT services provided in this EFT Agreement are governed by Federal law and Michigan law. You may notify the State agency noted below of any violation of law. The address of this agency is as follows: Credit Union Division Department of Insurance and Financial Services X.X. Office of Consumer Services XX Xxx 00000 Xxxxxxx, Xxxxxxxx 00000 XX 00000-0000 Electronic Funds Transfer (VISA Debit) Card: If you have received a VISA Debit card (“Card”) from us for the type of terminal transfers noted previously, the following provisions are applicable. • You agree not to use your Card for a transaction that would cause your account balance to go below zero except to the extent that you have contractual overdraft protection arrangements in placezero. The Card may only be used with your Personal Identification Number (“PIN”), which is used to identify you as an authorized user of the Card. Because the PIN is used for identification purposes, you will agree to notify us immediately if the Card is lost or if the secrecy of the PIN is compromised. • We will not be required to complete any improper such transaction, but if we do, you do agree to pay us the amount of the improper withdrawal or transfer upon request. • You also agree not to reveal your PIN to any person not authorized by you to use the Card. • You agree not to write the PIN on the Card or on any item kept with the Card. The security se- curity of your account depends upon you maintaining possession of your Card and the secrecy of your PIN.

Appears in 1 contract

Samples: Membership and Account Agreement

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Notification of Regulatory Authorities. This EFT Agreement and the EFT services provided in this EFT Agreement are governed by Federal law and Michigan law. You may notify the State agency noted below of any violation of law. The address of this agency is as follows: Credit Union Division Department of Insurance and Financial Services X.X. Xxx 00000 00000, Xxxxxxx, Xxxxxxxx 00000 Electronic Funds Transfer (VISA Debit) Card: If you have received a VISA Debit card (“Card”) from us for the type of terminal transfers noted previously, the following provisions are applicable. • You agree not to use your Card for a transaction that would cause your account balance to go below zero except to the extent that you have contractual overdraft protection arrangements in placezero. The Card may only be used with your Personal Identification Number (“PIN”), which is used to identify you as an authorized user of the Card. Because the PIN is used for identification purposes, you will agree to notify us immediately if the Card is lost or if the secrecy of the PIN is compromised. • We will not be required to complete any improper such transaction, but if we do, you do agree to pay us the amount of the improper withdrawal or transfer upon request. • You also agree not to reveal your PIN to any person not authorized by you to use the Card. • You agree not to write the PIN on the Card or on any item kept with the Card. The security of your account depends upon you maintaining possession of your Card and the secrecy of your PIN.

Appears in 1 contract

Samples: Membership and Account Agreement

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