Common use of Your Eligibility, Generally Clause in Contracts

Your Eligibility, Generally. Individuals and unincorporated non-business associations may open and maintain personal accounts with us. Corporations, unincorporated business associations, partnerships, nonprofit organizations, governmental entities and sole proprietorships may not open accounts with us under this Agreement. Unless Applicable Law requires otherwise, you must be at least 18 years old to open a checking account for which you are the sole owner. If you are less than 18 years of age then we will require that a person 18 or older (such as your parent) be a joint owner on the account. If you are a joint owner on a checking account with an individual under the age of 18 then you agree to indemnify us from any and all kinds of losses directly or indirectly arising from the use or maintenance of the account by the individual under the age of 18. If you are under the age of 18 you may open a savings account with us for which you are the sole owner.

Appears in 2 contracts

Samples: www.salisburybank.com, www.salisburybank.com

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Your Eligibility, Generally. Individuals and unincorporated non-business associations may open and maintain personal accounts with us. Corporations, unincorporated business associations, partnerships, nonprofit organizations, governmental entities and sole proprietorships may not open accounts with us under this Agreement. Unless Applicable Law requires otherwise, you must be at least 18 years old to open a checking account for which you are the sole owner. If you are less than 18 years of age then we will require that a person 18 or older (such as your parent) be a joint owner on the account. If you are a joint owner on a checking account with an individual under the age of 18 then you agree to indemnify us from any and all kinds of losses Losses directly or indirectly arising from the use or maintenance of the account by the individual under the age of 18. If you are under the age of 18 you may open a savings account with us for which you are the sole owner.

Appears in 1 contract

Samples: www.salisburybank.com

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Your Eligibility, Generally. Individuals and unincorporated non-business associations may open and maintain personal accounts with us. Corporations, unincorporated business associations, partnerships, nonprofit organizations, governmental entities and sole proprietorships may not open accounts with us under this Agreement. Unless Applicable Law requires otherwise, you must be at least 18 years old to open a checking account for which you are the sole owner. If you are less than 18 years of age then we will require that a person 18 or older (such as your parent) be a joint owner on the account. If you are a joint owner on a checking account with an individual under the age of 18 then you agree to indemnify us from any and all kinds of losses directly or indirectly arising from the use Member FDIC PER20 2/21 or maintenance of the account by the individual under the age of 18. If you are under the age of 18 you may open a savings account with us for which you are the sole owner.

Appears in 1 contract

Samples: www.salisburybank.com

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