Common use of Restrictions on Withdrawals from All Accounts / Transactions Clause in Contracts

Restrictions on Withdrawals from All Accounts / Transactions. In accordance with applicable law, we reserve the right to require you to provide written notice of any intended withdrawals from any account(s) of not less than seven (7) but not more than sixty (60) days before the intended date of withdrawal. If there are sufficient funds to cover some but not all of your withdrawal orders, we may permit those for which there are sufficient funds in any order we choose. We may refuse to allow any transaction, and will advise when required by applicable law if; for example: (1) there is a dispute between account owners; (2) a legal garnishment, attachment or levy is served on us; (3) the account(s) secures any obligation owed to us;

Appears in 4 contracts

Samples: Membership Account Agreement, Membership Account Agreement, Membership Account Agreement

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