Common use of Single Party Account Clause in Contracts

Single Party Account. Under this type of Account ownership, the sole Party to the Account owns the Account. If you open a Single Party Account without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.

Appears in 5 contracts

Sources: Membership & Account Agreement, Membership & Account Agreement, Membership & Account Agreement

Single Party Account. Under this type of Account account ownership, the sole Party party to the Account account owns the Accountaccount. If you open a Single Party Account without a Payable on Death (P.O.D.POD) designation, then upon your death, ownership of the Account account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. POD designation, then upon your death, ownership of the Account account passes to the surviving P.O.D. POD beneficiaries of the Account in equal shares account and the Account account does not pass as part of your estate.

Appears in 5 contracts

Sources: Consumer Deposit Agreement, Consumer Deposit Agreement, Consumer Deposit Agreement

Single Party Account. Under this type of Account ownership, the sole Party party to the Account owns the Account. If you open a Single Party single party Account without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.a

Appears in 4 contracts

Sources: Membership and Account Agreement, Membership and Account Agreement, Membership and Account Agreement

Single Party Account. Under this type of Account account ownership, the sole Party party to the Account account owns the Accountaccount. If you open a Single Party Account without a Payable on Death (P.O.D.POD) designation, then upon your deathyourdeath, ownership of the Account account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. POD designation, then upon your death, ownership of the Account account passes to the surviving P.O.D. POD beneficiaries of the Account in equal shares account and the Account account does not pass as part of your estate.

Appears in 2 contracts

Sources: Consumer Deposit Agreement, Consumer Deposit Agreement

Single Party Account. Under this type of Account ownership, the sole Party party to the Account owns the Account. If you open a Single Party Account without a Payable on Death (P.O.D.) designationAccount, then upon your death, death ownership of the Account passes as part of your estate under your Will or by intestacy. If , subject to any Payable on Death designation you may make a P.O.D. designation, then upon your death, ownership of the Account passes pursuant to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estateSection 3 below.

Appears in 2 contracts

Sources: Account Agreement, Account Agreement

Single Party Account. Under this type of Account ownership, the sole Party to the Account only one party owns the Account. If you open a Single Party Account Account, upon your death and without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.

Appears in 1 contract

Sources: Account Agreement

Single Party Account. Under this type of Account ownershipOwnership, the sole Party party to the Account owns the Account. If you open a Single Party Account without a Payable on Death (P.O.D.) designationAccount, then upon your death, death ownership of the Account passes as part of your estate under your Will or by intestacy. If , subject to any Payable on Death designation you may make a P.O.D. designation, then upon your death, ownership of the Account passes pursuant to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estateSection 3 below.

Appears in 1 contract

Sources: Account Agreement

Single Party Account. Under this type of Account account ownership, the sole Party party to the Account owns the Account. If you open a Single Party Account Account, upon your death and without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.

Appears in 1 contract

Sources: Account Agreement

Single Party Account. Under this type of Account ownership, the sole Party to the Account owns the Account. If you open a Single Party Account without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designationdesignation and the P.O.D. beneficiaries survive you, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.the

Appears in 1 contract

Sources: Membership and Account Agreement

Single Party Account. Under this type of Account account ownership, the sole Party party to the Account owns the Account. If you open a Single Party Account Account, upon your death and without a Payable on Death (P.O.D.) designation, then upon your death, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.

Appears in 1 contract

Sources: Account Agreement

Single Party Account. Under this type of Account ownership, the sole Party party to the Account owns the Account. If you open a Single Party Account Account, upon your death and without a Payable on Death (P.O.D.) designation, then upon your deathdes- ignation, ownership of the Account passes as part of your estate under your Will or by intestacy. If you make a P.O.D. designation, then upon your death, ownership of the Account passes to the surviving P.O.D. beneficiaries of the Account in equal shares and the Account does not pass as part of your estate.

Appears in 1 contract

Sources: Universal Account Agreement