Common use of OTHER CLAIMS ON THE ACCOUNT Clause in Contracts

OTHER CLAIMS ON THE ACCOUNT. If the Credit Union receives notice of a possible claim against, or interest in, any of the accounts under any court order, statutory demand, or under the Family Relations Act, as amended from time to time, or under any legislation substituted for that Act, the Credit Union may refuse to permit the Depositor to have any dealings with any of the accounts, even if funds stand to the credit in any such Account. The Credit Union will not be liable for any loss or damage resulting from any refusal by the Credit Union under this section.

Appears in 4 contracts

Samples: www.valleyfirst.com, www.islandsavings.ca, www.envisionfinancial.ca

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OTHER CLAIMS ON THE ACCOUNT. If the Credit Union receives notice of a possible claim against, or interest in, any of the accounts under any court order, statutory demand, or under the Family Relations Act, as amended from time to time, or under any legislation substituted for that Act, the Credit Union may refuse to permit the Depositor Trustee to have any dealings with any of the accounts, even if funds stand to the credit in any such Account. The Credit Union will not be liable for any loss or damage resulting from any refusal by the Credit Union under this section.

Appears in 2 contracts

Samples: www.envisionfinancial.ca, www.islandsavings.ca

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OTHER CLAIMS ON THE ACCOUNT. If the Credit Union receives notice of a possible claim against, or interest in, any of the accounts Accounts under any court order, statutory demand, or under the Family Relations Actapplicable family, as amended from time to timedomestic relations, matrimonial property, or under any legislation substituted for that Actsimilar legislation, a marriage agreement, or a separation agreement, the Credit Union may refuse to permit the Depositor to have any dealings with any of the accountsAccounts, even if funds stand to the credit in any such Account. The Credit Union will not be liable for any loss or damage resulting from any refusal by the Credit Union under this section.

Appears in 1 contract

Samples: Account Agreement

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