Common use of Rights of Joint Account Owners Clause in Contracts

Rights of Joint Account Owners. Any joint account owner is authorized and deemed to act for the other owner(s). The Credit Union may accept orders and instructions regarding the account and requests for future services from any account owner. Each account owner guarantees the signature of the other owners. No joint owner may be removed from an account unless all joint owners consent in writing to the removal. Any account owner, including any joint owner, may withdraw all funds in the account, stop payment on items drawn on the account, withdraw, or pledge all or any part of funds in the account, without the consent of the other account owner(s), and the Credit Union shall have no duty to notify any of the other account owner(s), including any joint owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, we may suspend or terminate the account, require a court order to act, or require that all joint account owners agree in writing to any transaction concerning the account.

Rights of Joint Account Owners. Any joint account owner is authorized and deemed to act for the other owner(s). The ) and the Credit Union may accept orders and instructions regarding the account and requests for future services from any other account owner. Members may not remove any joint owner of any account. Each account owner guarantees the signature of the other owners. No joint owner may be removed from an account unless all joint owners consent in writing to the removal. Any account owner, including any joint owner, owner may withdraw all available funds in the account, stop payment on items drawn on the an account, withdraw, or pledge all or any part of the funds in the of any account, including funds representing a membership share, without the consent of the other account owner(s), ) and the Credit Union shall have no duty to notify any of the other joint account owner(s), including any joint owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, we the Credit Union may suspend or terminate the account, require a court order to act, or require that all joint account owners agree in writing to any transaction concerning the account.

Rights of Joint Account Owners. Any joint account owner is authorized and deemed to act for the other owner(s). The Credit Union may accept orders and instructions regarding the account and requests for future services from any account owner. Each account owner guarantees the signature of the other owners. No joint owner may be removed Joint owners may, by written order, remove themselves from an account unless all joint owners consent in writing to the removalany account. Any account owner, including any joint owner, owner may withdraw all funds in the account, stop payment on items drawn on the an account, withdraw, or pledge all or any part of the shares of any account (excluding funds in the accountrepresenting a membership share), without the consent of the other account owner(s), ) and the Credit Union shall have no duty to notify any of the other joint account owner(s), including any joint owner(s). If the Credit Union receives written notice of a dispute between account owners or receives inconsistent instructions from them, we the Credit Union may suspend or terminate the account, require a court order to act, or require that all joint account owners agree in writing to any transaction concerning the account.