Common use of Representative Payee Accounts Clause in Contracts

Representative Payee Accounts. The representative xxxxx agrees to be bound by the terms of the account agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) authorization designating the representative payee, as well as such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or Social Security Income (SSI) funds and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx agrees that he/she is liable to us for any and all obligations incurred by any actions dealing with the account and agrees to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.

Representative Payee Accounts. The representative xxxxx payee agrees to be bound by the terms of the account agreements Account Agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) SSA authorization designating the representative payee, as well as payee and such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s Beneficiarys SSA or Social Security Income (SSI) funds SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx payee agrees that he/he or she is are liable to us for any and all obligations incurred by any actions dealing with the account and agrees agree to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s attorney s fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.

Representative Payee Accounts. The representative xxxxx payee agrees to be bound by the terms of the account agreements Account Agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) SSA authorization designating the representative payee, as well as payee and such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or Social Security Income (SSI) funds SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx payee agrees that he/he or she is are liable to us for any and all obligations incurred by any actions dealing with the account and agrees agree to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.

Representative Payee Accounts. The representative xxxxx payee agrees to be bound by the terms of the account agreements Account Agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) SSA authorization designating the representative payee, as well as payee and such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s Beneficiary s SSA or Social Security Income (SSI) funds SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx payee agrees that he/he or she is are liable to us for any and all obligations incurred by any actions dealing with the account and agrees agree to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s attorneys fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.

Representative Payee Accounts. The representative xxxxx agrees to be bound by the terms of the account agreements Account Agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) SSA authorization designating the representative payee, as well as payee and such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s SSA or Social Security Income (SSI) funds SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx payee agrees that he/he or she is are liable to us for any and all obligations incurred by any actions dealing with the account and agrees agree to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.

Representative Payee Accounts. The representative xxxxx payee agrees to be bound by the terms of the account agreements Account Agreements and to furnish us, upon request, a copy of the written Social Security Administration (SSA) SSA authorization designating the representative payee, as well as payee and such other documents and authorizations as we may deem necessary or appropriate. In opening a representative payee account, the Credit Union acts only as a depository for the Beneficiary’s Beneficiarys SSA or Social Security Income (SSI) funds SSI funds, and is under no obligation to act as a fiduciary or to inquire as to the powers or duties of the representative payee. The representative xxxxx payee agrees that he/he or she is are liable to us for any and all obligations incurred by any actions dealing with the account and agrees agree to indemnify and hold the Credit Union harmless from and against any and all loss, costs, damage, liability, or exposure, including reasonable attorney’s attorneys fees, we may suffer or incur arising out of or related to any action or claim by any party with respect to the authority or actions taken by the representative payee.