Some General Terms. When you open an account, we may rely on information you give us and we maintain in our records. We determine the type and ownership of the account from this information. You are responsible for notifying us when personal information changes. When you ask us to make a change to this information or your account, and we agree to the change, the change is not effective until we have had reasonable time to act on the new information. As an example, if you ask us to change the signers on your account, your requested change is not effective until we have reasonable time to act on it. If we ask you to give us additional documents or information, and you do not do so promptly, we may close your account. When we accept a deposit to an account or permit a withdrawal or payment from an account, we may rely upon the form of the account and the terms of this Agreement at the time we process the transaction. We do not have to inquire about the source or ownership of any funds we receive for deposit or about the application of any withdrawal or payment from an account. When we permit a withdrawal or payment from an account at the request of any signer, or the agent of any signer, in accordance with the terms of this Agreement, the withdrawal or payment is a complete release and discharge of the Bank from all claims regarding the withdrawal or payment. If you instruct us to open an account in the names of two or more people, and we do so, but later determine one or more of them have not completed our account opening documents or other requirements, you agree to hold us harmless for reliance on your instruction. We may in our discretion for all purposes and circumstances (including determining ownership of the account following the death of any person in whose name the account was opened) either treat the account as being owned by all persons in whose names the account was opened or treat the account as being owned solely by the persons who have signed or completed our account opening documents or other requirements. If we treat the account as owned by all persons in whose names the account was opened, we may permit the non- signing person to withdraw funds or take other action on the account without any liability to you. We may open an account without regard to whether you are married and without regard to whether the funds on deposit are your community or separate property. We may require you to close the account in order to remove a co-owner, terminate a joint ownership...
Some General Terms. The type of Account ownership determines how your funds are paid if you die or become incapacitated, even if your will states otherwise. Consult with your financial advisor or attorney about your choices. We may also pay all or part of the funds in the Account to a court or government agency if we receive a legal process that identifies any of the joint owners. Any owner may close the Account without the signature of the other owners. If your joint Account becomes overdrawn, you are liable for the full amount of the overdraft regardless of whether you initiated or benefited from the Items causing the overdraft. If we believe there to be a dispute between you and your joint owners, or we receive inconsistent instructions from you and any of your joint owners, we may suspend or close your joint Account, require a court order to act, and/or require that you and all of your joint owners agree in writing to any transaction concerning your joint Account. Ownership of your Account is determined by the most recent signature card or online Account application.
Some General Terms. The type of Account ownership depends on the type of business entity. We may also pay all or part of the funds in the Account to a court or government agency if we receive a legal process that identifies any Account owner/authorized person. Any one authorized signer acting alone may take any action on the Account, including closure of the Account without the signature of the other authorized signers. If we believe there to be a dispute between any owners, the business is no longer in existence, or we receive inconsistent instructions from any authorized signers, we may suspend or close your Account, require a court order to act, and/or require that all authorized signers agree in writing to any transaction concerning your Account. Ownership of your Account is determined by the most recent signature card we have on record.
