Option 2: Individual Accounts a. Each active leader creates their own organization account, uploads, or submits the organizations valid certificate of liability Insurance, and pay a separate fee.
Option 2: Individual Accounts Sample Clauses
Related to Option 2: Individual Accounts
Individual Account An individual account is an account owned by you alone, which you as the account owner use during your lifetime.
Individual Accounts An individual account is an account owned by one depositor including any individual, corporation, partnership, trust, or other organization qualified for Credit Union membership. If the account is an individual account, the interest of a deceased individual owner will pass, subject to applicable law, to the decedent’s estate or payable on death (“POD”) beneficiary, if applicable.
