Common use of Rights of Survivorship Clause in Contracts

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 13 contracts

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

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Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 10 contracts

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

Rights of Survivorship. If your account is a joint accountUnless otherwise stated on the Account Card, the account is owned as a joint account with includes rights of survivorship. Upon This means when one owner dies, all sums in the death of one of account will pass to the surviving owner(s). For a joint account ownerswithout rights of survivorship, that personthe deceased owner’s interest will become passes to his or her estate. A surviving owner’s interest is subject to the property of the surviving joint account owners.Credit

Appears in 7 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorshipsurvivorship unless otherwise stated on the Account Card/Account Maintenance Form. Upon If the death of one of the account is a joint account ownerswithout right of survivorship, that person’s the interest of a deceased owner will become pass to the property of the surviving joint account owners.decedent’s

Appears in 5 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners. A surviving owner's interest is subject to the Credit Union's statutory lien and security interest for the deceased owner's obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Appears in 4 contracts

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

Rights of Survivorship. If your account yours is a joint account, the account it is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 4 contracts

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

Rights of Survivorship. If your account is a joint account, the account it is owned as a joint account with rights of survivorship. Upon the death of one of the joint account ownersowner, that person’s interest will become the property of the surviving joint account ownersowner(s).

Appears in 4 contracts

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

Rights of Survivorship. If your account yours is a joint account, the account it is owned as a joint account with rights of survivorship. Upon the death of one of the joint account ownersowner, that person’s interest will become the property of the surviving joint account owners.owner(s)

Appears in 4 contracts

Samples: Membership Agreement, Membership Agreement, Membership Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorshipsurvivorship unless otherwise stated on the Account Card or electronic application. Upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 4 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Form. If the account is a joint account with right of survivorship. Upon , upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 3 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 3 contracts

Samples: Consumer Membership and Account Agreement, Consumer Membership and Account Agreement, Consumer Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card. If the account is a joint account with rights of survivorship. Upon , upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners. Upon death of all joint account owners, the account becomes payable to the POD beneficiary, if applicable. If the account is a joint account without rights of survivorship, the interest of a deceased owner will pass to the decedent’s estate.

Appears in 3 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorshipsurvivorship unless otherwise stated on the Account Card. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 3 contracts

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

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card. If the account is a joint account without right of survivorship, the interest of a deceased owner will pass to the decedent's estate. Upon If the account is a joint account with right of survivorship, upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 2 contracts

Samples: Membership and Account Agreement, Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners. A surviving owner’s interest is subject to the Credit Union’s statutory lien and security interest for the deceased owner’s obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Rights of Survivorship. If your account yours is a joint account, the account it is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.account

Appears in 2 contracts

Samples: Membership Agreement, Membership Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Membership Application. If the account is a joint account with the right of survivorship. Upon , upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 2 contracts

Samples: Business Membership Account Agreement, Business Membership Account Agreement

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Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Membership Application. If the account is a joint account with the right of survivorship. Upon , upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 2 contracts

Samples: Business Membership Account Agreement, Business Membership Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners. A surviving owner’s interest is subject to the Credit Union’s statutory lien for the deceased owner’s obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Appears in 2 contracts

Samples: Membership and Account Agreement, Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card. If the account is a joint account with right of survivorship. Upon , upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 2 contracts

Samples: Business Account Agreement, Business Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 1 contract

Samples: Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Membership Application. If the account is a joint account without right of survivorship, the interest of a deceased owner will pass to the decedent’s estate. Upon If the account is a joint account with right of survivorship upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.. A surviving owner’s

Appears in 1 contract

Samples: Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card. If the account is a joint account without right of survivorship, the interest of a deceased owner will pass to the decedent’s estate. Upon If the account is a joint account with right of survivorship, upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 1 contract

Samples: Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorshipsurvivorship unless otherwise stated on the Membership Application. Upon the death of one of the joint account owners, that person’s 's interest will become the property of the surviving joint account owners.

Appears in 1 contract

Samples: Membership & Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners. A surviving owner’s interest is subject to our statutory lien for the deceased owner’s obligations, and to any security interest or pledge granted by a deceased owner.

Appears in 1 contract

Samples: Membership & Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship unless otherwise stated on the Account Card. If the account is a joint account without right of survivorship, the interest of a deceased owner will pass to the decedent’s estate. Upon If the account is a joint account with right of survivorship upon the death of one of the joint account owners, that person’s interest will become the property of the surviving joint account owners.

Appears in 1 contract

Samples: Membership and Account Agreement

Rights of Survivorship. If your account is a joint account, the account is owned as a joint account with rights of survivorship. Upon the death of one of the joint account owners, that person’s person‘s interest will become be- come the property of the surviving joint account owners. A surviving owner’s interest is subject to the Credit Union‘s statutory lien and security interest for the deceased owner’s obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Appears in 1 contract

Samples: Membership & Account Agreement

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