Accounts for minors and protected adults Clause Samples

The "Accounts for minors and protected adults" clause establishes the rules and requirements for opening and managing accounts on behalf of individuals who are legally considered minors or are under legal protection due to incapacity. Typically, this clause outlines who may act as an authorized representative or guardian, what documentation is required to prove authority, and any restrictions or special procedures that apply to such accounts. Its core function is to ensure that financial or contractual arrangements involving vulnerable individuals are handled lawfully and responsibly, thereby protecting their interests and complying with relevant legal standards.
Accounts for minors and protected adults. Accounts opened in the name of non-emancipated minor children under eighteen years or protected adults by law operate with the signature or through the intervention of their representative(s) (administrator, authorised agent, curator (within the meaning of art 509-1 of the French Civil Code), guardian or supervisory guardian as defined by articles 417 and 424 of the French Civil code) appointed in accordance with the provisions of the law and subject to approval, where necessary, by the competent legal bodies or authorities for the transactions requiring authorisation. However, when the minor child is 16 years of age at least, he may be authorised by his legal representative(s) to operate the account under his sole signature.
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Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the provisions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under special conditions and are responsible for the proper functioning of the account with regard to the applicable provisions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their under-age child, to the necessity of obtaining prior authorisation from the guardianship judge for certain transactions relating to financial instruments. Therefore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their under-age child, for the present or future, through a substantial change in its content, a significant depreciation in its capital value or a long-term deterioration in the prerogatives of their under-age child, they must obtain prior authorisation from the guardianship judge aiming to determine the conditions for carrying out the transaction (if appropriate the price) and in accordance with article 387-1, 8° of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation from the guardianship judge before placing any order in the context of the Agreement on behalf of their under-age child; since the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge.
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Accounts for minors and protected adults. Accounts opened on behalf of non-emancipated minors or protected adults shall operate on the signature or with the intervention of their representative(s) (trustees, authorised agents, conservators, guardians, or supervising guardians) named in accordance with the terms set out by the law and after approval, where necessary, from the legal bodies or authorities competent for the transactions subject to authorisation. ▇▇▇▇▇ er, when the minor is at least 16 years old, his/her legal representative(s) may authorise the minor to operate the account with his/her own signature.
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Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the prov isions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under the specif ic terms and conditions and are responsible f or the proper functioning of the account with regard to the applicable prov isions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them. The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their underage child, to the necessity of obtaining prior authorisation f rom the guardianship judge for certain transactions relating to financial instruments. Theref ore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their underage child, f or the present or f uture, through a substantial change in its content, a signif icant depreciation of its capital value or a long-term alteration of the prerogatives of their underage child, they must obtain prior authorisation from the guardianship judge with the aim of determining the conditions f or carrying out the transaction (if appropriate, the price) and in accordance with Article 387-1, 8 of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation f rom the guardianship judge before placing any order in the context of the Agreement on behalf of their underage child, as the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge. Additionally , some restrictions are possible if there are several holders that are or that become subject to different tax regimes.
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Accounts for minors and protected adults. Accounts opened in the name of minors or protected adults will be operated in line with the provisions of the French Civil Code and under the signature of the legal administrators, special representative, legal guardian or supervisory guardian, trustee, authorised person, designated under the conditions defined by the regulations or, as appropriate, by the guardianship judge. The person or persons authorised to operate the account at the date of signature of this Agreement are designated under the specific terms and conditions and are responsible for the proper functioning of the account with regard to the applicable provisions of the French Civil Code and, as appropriate, the provisions of the order of the guardianship judge who appointed them. The Bank draws the attention of the parent or parents, in their capacity as legal administrator of their underage child, to the necessity of obtaining prior authorisation from the guardianship judge for certain transactions relating to financial instruments. Therefore, if they wish to proceed with carrying out an action concerning transferable securities or financial instruments that commits the asset base of their underage child, for the present or future, through a substantial change in its content, a significant depreciation of its capital value or a long-term alteration of the prerogatives of their underage child, they must obtain prior authorisation from the guardianship judge with the aim of determining the conditions for carrying out the transaction (if appropriate, the price) and in accordance with Article 387-1, 8 of the French Civil Code. The legal administrators undertake to personally handle obtaining prior authorisation from the guardianship judge before placing any order in the context of the Agreement on behalf of their underage child, as the Bank is released from any liability as to the consequences of a transaction carried out without prior authorisation from the guardianship judge. Additionally, some restrictions are possible if there are several holders that are or that become subject to different tax regimes.
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Related to Accounts for minors and protected adults

  • Safeguarding and Protecting Children and Vulnerable Adults The Supplier will comply with all applicable legislation and codes of practice, including, where applicable, all legislation and statutory guidance relevant to the safeguarding and protection of children and vulnerable adults and with the British Council’s Child Protection Policy, as notified to the Supplier and amended from time to time, which the Supplier acknowledges may include submitting to a check by the UK Disclosure & Barring Service (DBS) or the equivalent local service; in addition, the Supplier will ensure that, where it engages any other party to supply any of the Services under this Agreement, that that party will also comply with the same requirements as if they were a party to this Agreement.

  • Endorsements and Procedures Company agrees to place on the backside of each Check processed for collection at the Bank through this Service a restrictively endorsement which reads “Mobile Deposit to Central Bank”, or words to that effect as satisfactory to Bank. Endorsements must be made on the back of the Check within 1&1/2 inches from the top edge, although Bank may accept endorsements outside this space. Any loss Bank incurs from a delay or processing error resulting from an irregular endorsement or other markings by Company will be Company’s responsibility. Bank may reject any Check payable to co-payees, even if Company is one of the payees listed on the face of the Check. Bank will consider, but is not obligated to accept, Check’s listing Company as one of the co-payees, provided a) the image of the Check presented to Bank under the Service contains the legible signature endorsement of all co-payees to the instrument, including Company; and b) contains a restrictive endorsement above the co-payees signatures which reads “Mobile Deposit to account of [Company’s full name]”. If Company is a sole proprietorship, Checks written as payable in the name of the individual owner of Company may be deposited to Company’s Account at Bank through this Service so long Checks are presented in compliance with the Service’s terms and conditions. Company agrees to comply with any and all other procedures and instructions for use of the Mobile Deposit Service as the Bank may establish from time to time, such as within any applicable Users Guide (the “Procedures”). Cut-off Times for Deposits: Deposits made via Mobile Deposit must be made before 7:00 PM Eastern Standard Time on a Business Day in order to be considered deposited same day. Deposits made after 7:00 PM Eastern Standard Time on a Business Day will be considered deposited the next Business Day. Receipt of Items: Bank reserves the right to reject any item transmitted through Mobile Deposit, at Bank’s discretion, without liability to Company. Bank shall not be responsible for items Bank does not receive or for Check images that are dropped during transmission. An image of an item shall be deemed received when Company receives a confirmation from Bank that we have received the image. Receipt of such confirmation does not mean the transmission was error free or complete. Processing and/or transmission errors can occur after Bank acknowledges receipt that may impact transaction completion. Following receipt of such confirmation, the Bank will process the image by preparing a “substitute check” or clearing the item as an image. Availability of Funds: Once deposited, subject to the cut-off time described above, our policy, in most cases, is to make funds from Company’s Check deposits available to Company on the second Business Day after the day Bank receives the Check in compliance with this Service, unless a different or longer time period is required under Company’s Account Rules and Regulations’ Funds Availability Policy or should Bank decide to apply a longer hold period due to Company’s history of repeated overdrafts or grounds that Bank reasonably believes affects the ultimate collectability of the Check. In all cases, Company will receive full availability of the funds memorialized in Checks accepted by Bank under this Service by the seventh Business Day after Bank accepts the Check for deposit. If Company’s Account has been open 30 days or less, however, Company may not receive full availability until the ninth Business Day after the day of deposit. Disposal of Transmitted Items: After Company receive confirmation that Bank has received and accepted an image of a Check under this Service, and once Company receive full credit for the Check as manifested in Company’s Account balance as communicated by Bank, Company must and shall prominently marking the original Check “VOID” and then destroying that same Check by cross-cut shredding or another commercially acceptable means of destruction. Destroying the Check prevents it from being presented for deposit another time. After destruction of the original Check, the image will be the sole evidence of the original instrument. Company agree that Company will never re-present the original check, nor give the original Check to anyone else for any purpose other than its destruction.

  • Use and Protection of Information Recipient agrees to protect such Information of the Discloser provided to Recipient from whatever source from distribution, disclosure or dissemination to anyone except employees of Recipient with a need to know such Information solely in conjunction with Recipient’s analysis of the Information and for no other purpose except as authorized herein or as otherwise authorized in writing by the Discloser. Recipient will not make any copies of the Information inspected by it.

  • Abuse and Neglect of Children and Vulnerable Adults: Abuse Registry Party agrees not to employ any individual, to use any volunteer or other service provider, or to otherwise provide reimbursement to any individual who in the performance of services connected with this agreement provides care, custody, treatment, transportation, or supervision to children or to vulnerable adults if there has been a substantiation of abuse or neglect or exploitation involving that individual. Party is responsible for confirming as to each individual having such contact with children or vulnerable adults the non-existence of a substantiated allegation of abuse, neglect or exploitation by verifying that fact though (a) as to vulnerable adults, the Adult Abuse Registry maintained by the Department of Disabilities, Aging and Independent Living and (b) as to children, the Central Child Protection Registry (unless the Party holds a valid child care license or registration from the Division of Child Development, Department for Children and Families). See 33 V.S.A. §4919(a)(3) and 33 V.S.A. §6911(c)(3).

  • Identification and Protection of Confidential Information Article 1, section 24, of the Florida Constitution, guarantees every person access to public records, and section 119.011, F.S., provides a broad definition of “public record.” As such, records submitted to the Department (or any other State agency) are public records and are subject to disclosure unless exempt from disclosure by law. If the Contractor considers any portion of a record it provides to the Department (or any other State agency) to be trade secret or otherwise confidential or exempt from disclosure under Florida or federal law (“Confidential Information”), the Contractor shall mark as “confidential” each page of a document or specific portion of a document containing Confidential Information and simultaneously provide the Department (or other State agency) with a separate, redacted copy of the record. The Contractor shall state the basis of the exemption that the Contractor contends is applicable to each portion of the record redacted, including the specific statutory citation for such exemption. The Contractor shall only redact portions of records that it claims contains Confidential Information. If the Contractor fails to mark a record it claims contains Confidential Information as “confidential,” or fails to submit a redacted copy in accordance with this section of a record it claims contains Confidential Information, the Department (or other State agency) shall have no liability for release of such record. The foregoing will apply to every instance in which the Contractor fails to both mark a record “confidential” and redact it in accordance with this section, regardless of whether the Contractor may have properly marked and redacted the same or similar Confidential Information in another instance or record submitted to the Department (or any other State agency). In the event of a public records request, to which records the Contractor marked as “confidential” are responsive to the request, the Department shall provide the Contractor- redacted copy to the requestor. If the Contractor has marked a record as “confidential” but failed to provide a Contractor-redacted copy to the Department, the Customer may notify the Contractor of the request and the Contractor may have up to ten (10) Business Days from the date of the notice to provide a Contractor-redacted copy, or else the Department may release the unredacted record to the requestor without liability. If the Department provides a Contractor- redacted copy of the documents and the requestor asserts a right to the Contractor-redacted Confidential Information, the Department shall promptly notify the Contractor such an assertion has been made. The notice will provide that if the Contractor seeks to protect the Contractor-redacted Confidential Information from release it must, within thirty (30) days after the date of the notice and at its own expense, file a cause of action seeking a declaratory judgment that the information in question is exempt from section 119.07(1), F.S., or other applicable law and an order prohibiting the Department from publicly disclosing the information. The Contractor shall provide written notice to the Department of any cause of action filed. If the Contractor fails to file a cause of action within thirty (30) days the Department may release the unredacted copy of the record to the requestor without liability. If the Department is requested or compelled in any legal proceeding to disclose documents that are marked as “confidential” (whether by oral questions, interrogatories, requests for information or documents, subpoena, or similar process), unless otherwise prohibited by law, the Department shall give the Contractor prompt written notice of the demand or request prior to disclosing any Confidential Information to allow the Contractor to seek a protective order or other appropriate relief at the Contractor’s sole discretion and expense. If the Contractor fails to take appropriate and timely action to protect the Confidential Information contained within documents it has marked as “confidential” or fails to provide a redacted copy that may be disclosed, the Department may provide the unredacted records in response to the demand without liability. The Contractor shall protect, defend, and indemnify the Department for all claims, costs, fines, settlement fees, and attorneys’ fees, at both the trial and appellate levels, arising from or relating to the Contractor’s determination that its records contain Confidential Information. In the event of a third-party claim brought against the Department for failure to release the Contractor’s redacted Confidential Information, the Contractor shall assume, at its sole expense, the defense or settlement of such claim, including attorney’s fees and costs at both the trial and appellate levels. If the Contractor fails to continuously undertake the defense or settlement of such claim or if the Contractor and Department mutually agree that the Department is best suited to undertake the defense or settlement, the Department will have the right, but not the obligation, to undertake the defense or settlement of such claim, at its discretion. The Contractor shall be bound by any defense or settlement the Department may make as to such claim, and the Contractor agrees to reimburse the Department for the expense, including reasonable attorney’s fees and costs at both the trial and appellate levels associated with any defense or settlement that the Department may undertake to defend Contractor’s Confidential Information. The Department will also be entitled to join the Contractor in any third-party claim for the purpose of enforcing any right of indemnity under this section. If at any point the Department is reasonably advised by its counsel that disclosure of the Confidential Information is required by law, including but not limited to Florida’s public records laws, the Department may disclose such Confidential Information without liability hereunder.