Examples of Account Owner in a sentence
For all other joint Accounts governed by this MAA, investment advisory services with regard to such joint Accounts will immediately cease upon receipt of notice of the death of one Account Owner pursuant to applicable law; other individual Advisory Accounts of a surviving joint Account Owner that are governed by this MAA shall continue in full force and effect.
For joint accounts, if only one Account Owner receives documents through Client Access, in certain circumstances, deliveries may be made through Client Access for that Account.
For joint Accounts with Rights of Survivorship and Joint Tenants by Entirety Accounts governed by this MAA, upon receipt of notice of the death of one Account Owner, the Advisory Account will continue in full force and effect on behalf of the surviving Account Owner.
Within 120 days, we require that such Advisory Account is re- papered as an individual Account in the name of the surviving Account Owner (or otherwise as instructed by such Account Owner) to avoid any suspension in Advisory Account services.
You understand that by signing this MAA and/or other account opening documentation, you agree that each Account Owner, has the authority to act on behalf of all Account Owners for that account and receive any communication concerning the Account, including trade confirmations and statements (and you agree that notice or other communication delivered to any one of you shall be deemed delivered to and shall be binding upon every one of you).