Business organisation definition
Business organisation means a corporation, unincorporated association, limited liability company, partnership, or any other business, government or non-profit organisation. We may rely on the accuracy and completeness of all resolutions, signature cards and other documents you deliver to us in connection with the account. If they state that a person is authorised to sign checks or otherwise initiate transactions on your account, that person is called a signer. If the account owner is a sole proprietorship, that means that one person conducts the business as his or her own property, instead of through a business organisation. A sole proprietor may also designate signers by appropriate documents. If you change your form of ownership or authorised signers, you must notify us when the change occurs. A signer is authorised to endorse checks payable to the business. Endorsements “for deposit” may be written or stamped. A signer is also authorised to sign checks drawn on your account. We are authorised to pay checks without asking how the checks were issued or how the proceeds will be used, even if the check is payable to the person who signed the check. A signer is authorised to instruct us to close accounts or do anything else involving any account, and to sign any agreements or documents relating to accounts or other business. We may, although we are not required to, cash checks payable to or accept “less cash” deposits from a business organisation.
Business organisation means a sole proprietorship or a partnership or a joint venture (whether incorporated or unincorporated)
Business organisation means a business organisation established under and currently registered in accordance with the law applicable in Kosovo.
Examples of Business organisation in a sentence
Business organisation information is provided to IBOs in strictest confidence and is made available to IBOs for the sole purpose of assisting IBOs in working with their respective Marketing Organisations in the development of their Wealth Training business.
Search Engines, Yellow Pages, Government registers or Business organisation registers could provide APIs as OBEC data sources.