Common use of Terms and Conditions Applicable to All Sole Proprietorship Accounts Clause in Contracts

Terms and Conditions Applicable to All Sole Proprietorship Accounts. a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Membership Application. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Signature Card that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies. c. Sole proprietorship accounts are not subject to the Multiple Party Accounts Law.

Appears in 2 contracts

Samples: Share Account Agreement, Share Account Agreement

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Terms and Conditions Applicable to All Sole Proprietorship Accounts. a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Membership ApplicationSignature Card. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Signature Card that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies. c. Sole proprietorship accounts are not subject to the Multiple Party Accounts Law.

Appears in 1 contract

Samples: Membership and Account Agreement

Terms and Conditions Applicable to All Sole Proprietorship Accounts. β€Œ a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Membership Application. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole thesole proprietorship named on the Signature Card that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies. c. Sole proprietorship accounts are not subject to the Multiple Party Accounts Law.

Appears in 1 contract

Samples: Share Account Agreement

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Terms and Conditions Applicable to All Sole Proprietorship Accounts. a. You affirm that you are the sole proprietor of the sole proprietorship named on the Account Business Membership Application. We may pay out funds with your signature, or the signature of any other signers designated by you. We may accept and/or endorse checks made payable to you or to the sole proprietorship named on the Signature Card Business Membership Application that we receive for deposit. b. You may pledge any or all of the funds on deposit in the account as collateral security to any loan(s) subject to then current loan policies. c. Sole proprietorship accounts are not subject to the Multiple Party Accounts Law.

Appears in 1 contract

Samples: Share Account Agreement

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