Common use of Rights of Survivorship Clause in Contracts

Rights of Survivorship. Unless otherwise stated on the Application, a multiple party account includes rights of survivorship. This means when one owner dies, all sums in the account will pass to the surviving owner(s). 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.

Rights of Survivorship. For a multiple party account with rights of survivorship, upon the death of one of the owners, that person’s interest will pass to the surviving owners. For a multiple party account without rights of survivorship, the interest of a deceased owner will pass to the decedent’s estate. Unless otherwise stated on the ApplicationAccount Card, a multiple party account includes is an account with rights of survivorship. This means when one , and the interest of a deceased owner dies, all sums in the account will pass to the surviving owner(s). 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 itowners.

Rights of Survivorship. Unless otherwise stated on the ApplicationAccount Card, a multiple party account includes rights of survivorship. This means when one owner dies, all sums in the account will pass to the surviving owner(s). For a multiple party account without rights of survivorship, the deceased owner's interest passes to his or her estate. A surviving owner’s 's interest is subject to the Credit Union’s 's statutory lien for the deceased owner’s 's obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Rights of Survivorship. Unless otherwise stated on the ApplicationAccount Card, a multiple party account includes rights of survivorship. This means when one owner dies, all sums in the account will pass to the surviving owner(s). For a multiple party account without rights of survivorship, the deceased owner's interest passes to his or her estate. A surviving owner’s 's interest is subject to the Credit Union’s 's statutory lien for the deceased owner’s 's obligations, and to any security interest or pledge granted by a deceased owner, even if a surviving owner did not consent to it.

Rights of Survivorship. Unless otherwise stated on the Membership Application, a multiple party account includes rights of survivorship. This means when one owner dies, all sums in the account will pass to the surviving owner(s). 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.

Rights of Survivorship. Unless otherwise stated on the ApplicationAccount Card, a multiple party account includes rights of survivorshipsurvivor- ship. This means when one owner dies, all sums in the account will pass to the surviving owner(s). For a multiple party account without rights of survivorship, the deceased owner’s interest passes to his or her estate. 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.. b.

Rights of Survivorship. Unless otherwise stated on the Applicationaccount card, a multiple party account includes rights of survivorship. This , which means when one owner dies, all sums in the account will pass to the surviving owner(s). For multiple party accounts without rights of survivorship, the deceased owner’s interest passes to his or her estate. 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.