Common use of Account Ownership and Survivorship Features Clause in Contracts

Account Ownership and Survivorship Features. Upon opening an account, you acknowledge that we have explained and that you have indicated your choice for the ownership and survivorship features for that account in Part 1 of this Contract. You may open an account either by yourself referred to as a “one owner account,” or with another person or persons referred to as a “multiple owner account.”

Account Ownership and Survivorship Features. Upon opening an account, you acknowledge that we have explained ex- plained and that you have indicated your choice for the ownership and survivorship features for that account in Part 1 of this ContractCon- tract. You may open an account either by yourself referred to as a “one owner account,” or with another person or persons referred to as a “multiple owner account.”