Abandoned or Inactive Accounts Sample Clauses
The Abandoned or Inactive Accounts clause defines how an organization manages user accounts that have not been accessed or used for a specified period. Typically, this clause outlines the criteria for deeming an account inactive, such as a lack of login activity for a set number of months, and describes the steps the organization may take, such as sending notifications, restricting access, or eventually deleting the account and associated data. Its core function is to ensure efficient management of user accounts, reduce security risks, and maintain accurate records by addressing accounts that are no longer actively used.
Abandoned or Inactive Accounts. Tennessee has unclaimed property laws that govern when accounts are considered abandoned. Your account is usually considered abandoned if you have not made a deposit or withdrawal, or signed in to your online Account, for a specified period of time. We are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before we turn over an abandoned account, we may send a notice to you by e-mail or the address we show for the account statement. Unless prohibited by law, we may charge to your Account our costs and expenses of any notice, payment and turnover of the remaining balance of your Account to the applicable state. Tennessee laws will apply on unclaimed or abandoned property related to this Account.
Abandoned or Inactive Accounts. Your Deposit Account is usually considered abandoned if you have not made a deposit or withdrawal, or signed in to your Deposit Account, for a specified period of time. We are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before we turn over an abandoned account, we may send a notice to you by e-mail or the address we show for the account statement. Unless prohibited by law, we may charge to your Deposit Account our applicable fees, costs and expenses of any notice, payment and turnover of the remaining balance of your Deposit Account to the applicable state. You agree that we are relieved of all responsibility if your Deposit Account balance is escheated (that is, turned over to the state) in accordance with state law.
Abandoned or Inactive Accounts. Your Savings Account is usually considered abandoned if you have not made a deposit or withdrawal, or signed in to your Savings Account, for a specified period of time. We are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before we turn over an abandoned account, we may send a notice to you by e-mail or the address we show for the account statement. Unless prohibited by law, we may charge to your Savings Account our applicable fees, costs and expenses of any notice, payment and turnover of the remaining balance of your Savings Account to the applicable state. You agree that we are relieved of all responsibility if your Savings Account balance is escheated (that is, turned over to the state) in accordance with state law.
Abandoned or Inactive Accounts. Applicable state unclaimed property laws govern when accounts are considered abandoned. Your Account is usually considered abandoned if you have not made a deposit or withdrawal, or signed in to your online Account, for a specified period of time. We are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before we turn over an abandoned account, we may send a notice to you by e-mail or the address we show for the account statement. Unless prohibited by law, we may charge to your Account our costs and expenses of any notice, payment and turnover of the remaining balance of your Account to the applicable state.
Abandoned or Inactive Accounts. Georgia has unclaimed property laws that govern when accounts are considered abandoned. Your Passport Account is usually considered abandoned if you have not made a deposit or withdrawal, or signed in to your online Passport Account, for five years. We are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before we turn over an abandoned account, we may send a notice to you by email or the address we show for the account statement. Unless prohibited by law, we may charge to your Passport Account our costs and expenses of any notice, payment and turnover of the remaining balance of your Passport Account to the applicable state. Georgia laws will apply to unclaimed or abandoned property related to the Passport Account.
Abandoned or Inactive Accounts. Some states in the United States have unclaimed property laws that govern when accounts are considered abandoned. In this case, your account is usually considered abandoned if you have not made a deposit or withdrawal, or signed into your Account, for a specified period of time. In jurisdictions with unclaimed property laws, Utoppia, Synapse, and/or Partner Financial Institution are required by the unclaimed property laws to turn over accounts considered abandoned to the applicable state. Before an abandoned account is turned over, Utoppia may send a notice to you by e-mail or the address on the account statement. Unless prohibited by law, Utoppia may charge to your Account costs and expenses of any notice, payment and turnover of the remaining balance of your Account to the applicable state. State law of where the Partner Financial Institution is located will apply on unclaimed or abandoned property related to the funds in your Account.