Common use of Terms and Conditions Applicable to Trust Accounts Clause in Contracts

Terms and Conditions Applicable to Trust Accounts. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature Card. A person named as a trustee on the Living Trust Account Signature Card has the same rights, responsibilities and liabilities as an owner of an account under this Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 7 contracts

Samples: Account Agreement, Account Agreement, Account Agreement

AutoNDA by SimpleDocs

Terms and Conditions Applicable to Trust Accounts. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature CardApplication. A person named as a trustee on the Living Trust Account Signature Card Application has the same rights, responsibilities and liabilities as an owner of an account under this Account Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card Application or continued use of an account or service confirms his or her agreement to any later change, addition or closure of closureof an account and/or service by serviceby any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 4 contracts

Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement

Terms and Conditions Applicable to Trust Accounts. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature CardApplication and Agreement. A person named as a trustee on the Living Trust Account Signature Card has the same rights, responsibilities and liabilities as an owner of an account under this Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 3 contracts

Samples: Agreements and Disclosures, Agreements and Disclosures, Agreements and Disclosures

Terms and Conditions Applicable to Trust Accounts. 1. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature Cardtrust account signature card. A person named as a trustee on the Living Trust Account Signature Card our trust account signature card has the same rights, responsibilities and liabilities as an owner of an account under this Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card our trust account signature card or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or and/ or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 2 contracts

Samples: lapfcu.org, lapfcu.org

Terms and Conditions Applicable to Trust Accounts. 1. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature Cardtrust account signature card. A person named as a trustee on the Living Trust Account Signature Card our trust account signature card has the same rights, responsibilities and liabilities as an owner of an account under this Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card our trust account signature card or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 2 contracts

Samples: lapfcu.org, lapfcu.org

AutoNDA by SimpleDocs

Terms and Conditions Applicable to Trust Accounts. You may open an account to hold the funds of your trust yourtrust and be named as trustee on our Living Trust Account Signature CardApplication and Agreement. A person named as a trustee on the Living Trust Account Signature Card has the same rights, responsibilities and liabilities as an owner of an account under this Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 1 contract

Samples: Agreements and Disclosures

Terms and Conditions Applicable to Trust Accounts. You may open an account to hold the funds of your trust and be named as trustee on our Living Trust Account Signature CardApplication. A person named as a trustee on the Living Trust Account Signature Card Application has the same rights, responsibilities and liabilities as an owner of an account under this Account Agreement to open, change, add or close an account or service. Each trustee understands that any trustee acting alone may change, add or close the account and/or a service, and that his or her signature on the Living Trust Account Signature Card Application or continued use of an account or service confirms his or her agreement to any later change, addition or closure of an account and/or service by any other trustee on the account. While any trustee may change, add or close the account and/or a service acting alone, we may require all trustees to consent in writing to the addition or removal of any trustee to or from the account. All trustees agree that we have no duty to notify the trustees of the account of any transaction, change, addition or closure of an account or service by any trustee acting alone.

Appears in 1 contract

Samples: Account Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!