Designated member definition

Designated member means the spouse, child, grandchild, parent, brother, or sister of a deceased individual who owned an interest in a wholesaler, who is entitled to inherit the deceased individual's ownership interest in the wholesaler under the terms of the deceased individual's will, or who has otherwise been designated in writing by the deceased individual to succeed the deceased individual in the wholesaler's business, or is entitled to inherit such ownership interest under the laws of intestate succession of this state. With respect to an incapacitated individual owning an ownership interest in a wholesaler, the term means the person appointed by a court as the conservator of such individual's property. The term also includes the appointed and qualified personal representative and the testamentary trustee of a deceased individual owning an ownership interest in a wholesaler.
Designated member means a deceased wholesaler’s spouse, child, grandchild, parent, brother, or sister, who is entitled to inherit the deceased wholesaler’s ownership interest under the terms of the deceased wholesaler’s will, other testamentary device, or the laws of intestate succession. With respect to an incapacitated individual having an ownership interest in a wholesaler, “designated member” also means a person appointed by the court as the conservator of the individual’s property. “Designated member” also includes the appointed and qualified personal representative and the testamentary trustee of a deceased wholesaler.
Designated member means the Chairperson or a whole-time member of the Authority designated for the purpose;

Examples of Designated member in a sentence

  • PREPARED BY: Designated member of the Architecture and Engineering Staff, e.g., Inspector, HUD Representative, Construction Manager (CM), or others including supervisory personnel.

  • Designated member 5Please tick this box if the person is consenting to act as a designated member.There must be at least two designated members at all times.Additional appointmentsIf you wish to appoint more members, please use the ‘Member appointments’ continuation page.

  • Written notice includes, but is not limited to, notice by electronic mail to a valid e-mail address provided by you.

  • Designated member should also have competencies to understand the ultimate impact of deficiencies identified in IT internal control framework by the IS Audit.

  • An election (or revocation) by the designated member under this paragraph (b)(4) of this section shall be binding on all the members of the group for the credit year to which the election (or revocation) relates.(ii) Designated member.


More Definitions of Designated member

Designated member means a Member who was been granted a designation by the Association and is a Member pursuant to section 9.01(a), 9.01(b) or 9.01(c);
Designated member also includes the appointed and qualified personal representative and the testamentary trustee of a deceased wholesaler.
Designated member means each of Xxxxx X. Xxxxxx and Xxxxxx X. Xxxxxxx, as the original Designated Members pursuant to Section 3.1(b), and any successor or additional Designated Members designated as such pursuant to Section 3.1(b). At any time there is only a single Designated Member, plural references herein to “Designated Members” shall refer to such single Designated Member.
Designated member means the Chairman or a Whole Time Member of the Board designated for the purpose;
Designated member means a Member in respect of whom the Directors have given a notice in accordance with Rule 4.6(b);
Designated member means a Saturn Member: (i) who, as a participant in a material acquisition, outsourcing project or other material event or transaction, has signed a Confidentiality or Non- Disclosure Agreement containing trading restrictions; or (ii) who has otherwise been identified as a Designated Member by the Company.
Designated member. The person designated by the Applicant to conduct internet banking business with the Bank within the scope of the authorization. "At the counter": The Applicant conducts business at the counter of the Bank.