Common use of Titling and Ownership Clause in Contracts

Titling and Ownership. A Savings Account may only be owned and titled in the name of one (1) person who shall solely retain the right to direct the deposit or transfer of funds. The Savings Account cannot be owned or titled jointly, by an organization, as Payable on Death ("POD") or "In Trust For" ("ITF").

Appears in 2 contracts

Samples: Savings Account Agreement, Consumer Savings Account Agreement

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Titling and Ownership. A Savings Account may only be owned and titled in the name of one (1) person who shall solely retain the right to direct the deposit or transfer of funds. The Savings Account cannot be owned or titled jointly, by an organization, as Payable on Death ("POD") or "In Trust For" ("ITF").

Appears in 1 contract

Samples: Consumer Savings Account Agreement

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Titling and Ownership. A The Savings Account may only be owned and titled in the name of one (1) person who shall solely retain the right to direct the deposit may deposit, transfer, or transfer of withdraw funds. The Savings Account cannot be owned or titled jointly, by an organization, as Payable on Death ("POD") or "In Trust For" ("ITF").

Appears in 1 contract

Samples: Savings Account Agreement

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