Common use of Transaction Limitations Clause in Contracts

Transaction Limitations. You may make withdrawals from this Account during the first six days after it is opened. Thereafter, no withdrawals are allowed from this Account. Account withdrawal prior to November 1st will cause Account closure and all funds will be transferred to your Regular Share Account. The available Account balance will be mailed to you or will be transferred to your Share Draft Checking Account on or before the tenth (10th) of November of each year.

Transaction Limitations. You may make withdrawals from this Account during the first six days after it is opened. Thereafter, no withdrawals are allowed from on this Account. Account withdrawal prior to November July 1st will cause Account closure and all funds will be transferred to your Regular Share Account. The available Account balance will be mailed to you or will be transferred to your Share Draft Checking Account on or before the tenth (10th) of November of each year.