Certificate Accounts. Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law ("Certificate Account"), whichever we offer, is subject to the terms of this Agreement, our business account rate sheet(s) and fee schedule(s), the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union liability for dividends declared by the board of directors on Certificate accounts and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 of the Wisconsin Statutes. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savings. Wis. Admin Code DF-1-CU 60.06.
Appears in 8 contracts
Sources: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement
Certificate Accounts. Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law ("Certificate Account"), whichever we offer, is subject to the terms of this Agreement, our business account rate sheet(s) and fee schedule(s), the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union liability for dividends declared by the board of directors on Certificate accounts and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 S. 186.235 of the Wisconsin Statutes. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savings. Wis. Admin Code DF-1-CU 60.06.
Appears in 4 contracts
Sources: Business Membership and Account Agreement, Business Membership and Account Agreement, Business Membership and Account Agreement
Certificate Accounts. Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law ("“Certificate Account"”), whichever we offer, is subject to the terms of this Agreement, our out business account rate sheet(s) and fee schedule(s), the Account Deposit Receipt(sReceipts(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union liability for dividends declared by the board of directors on Certificate accounts account and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 S. 186.235 of the Wisconsin StatutesStatues. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savings. Wis. Admin Code DF-1-CU 60.06.
Appears in 3 contracts
Sources: Membership and Account Agreement, Membership and Account Agreement, Business Membership and Account Agreement
Certificate Accounts. Any time deposit, term share, share certificate, time deposit or certificate of deposit account allowed by state law ("Certificate Account")account, whichever we offeroffer as allowed by applicable federal or state law, is subject to the terms of this Agreement, our business account rate sheet(s) sheet and fee schedule(s)schedule, the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state state-chartered credit unions located in Wisconsin: Credit union Union liability for dividends declared by the board of directors on Certificate accounts term share, share certificate and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 s.186.235(11) of the Wisconsin Statutes. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savingssavings (Wis. Admin. Wis. Admin Code DF-1DFI-CU 60.06).
Appears in 1 contract
Certificate Accounts. Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law ("Certificate Account"), whichever we offer, is subject to the terms of this Agreement, our business account rate sheet(s) and fee schedule(s), the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union liability for dividends declared by the board of directors on Certificate accounts and passbook savings accounts shall terminate without penalty penalt y to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 S. 186.235 of the Wisconsin Statutes. Upon dissolution, the Director shall determine determi ne the priority of payout of the various classifications of savings. Wis. Admin Code DF-1-CU 60.06.
Appears in 1 contract
Certificate Accounts. Any time deposit, term share, share certificate, or certificate of deposit account allowed by state law ("“Certificate Account"”), whichever we offer, is subject to the terms of this Agreement, our business account rate sheet(s) and fee schedule(s), the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union liability for dividends declared by the board of directors on Certificate accounts and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 of the Wisconsin Statutes. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savings. Wis. Admin Code DF-1-CU 60.06.
Appears in 1 contract
Certificate Accounts. Any time deposit, term share, share certificate, time deposit or certificate of deposit account allowed by state law ("Certificate Account")account, whichever we offeroffer as allowed by applicable federal or state law, is subject to the terms of this Agreement, our business account rate sheet(s) sheet and fee schedule(s)schedule, the Account Deposit Receipt(s), if provided, and any other documents we provide for the account, the terms of which are incorporated herein by reference. For accounts held at state chartered credit unions located in Wisconsin: Credit union Union liability for dividends declared by the board of directors on Certificate accounts term share, share certificate and passbook savings accounts shall terminate without penalty to the Credit Union upon the Credit Union entering an involuntary dissolution procedure, or if the Director of Credit Unions shall take possession of the Credit Union under S.186.235 s.186.235(11) of the Wisconsin Statutes. Upon dissolution, the Director shall determine the priority of payout of the various classifications of savingssavings (Wis. Admin. Wis. Admin Code DF-1DFI-CU 60.06).
Appears in 1 contract