Common use of Control of Joint Accounts Clause in Contracts

Control of Joint Accounts. Any ow ner is authorized and deemed to act for any other ow ner(s) and may instruct us regarding transactions and other account matters. Each ow ner guarantees the signature of any other ow ner(s). We have no duty to notify any ow ner(s) about any transaction. We require w ▇▇▇▇▇▇ consent of all living ow ners for any change of ow nership on an account. No beneficiary can be added or removed w ithout consent of all living ow ners. If w e receive w ▇▇▇▇▇▇ notice of a dispute betw een ow ners or inconsistent instructions from them, w e may suspend or terminate the account and require a court order or w ▇▇▇▇▇▇ consent from all ow ners to act.

Control of Joint Accounts. Any ow ner is authorized and deemed to act for any other ow ner(s) and may instruct us regarding transactions and other account matters. Each ow ner guarantees the signature of any other ow ner(s). Any ow ner may w ithdraw all funds, stop payment on items, transfer, or pledge to us all or any part of the shares w ithout the consent of the other ow ner(s). We have no duty to notify any ow ner(s) about any transaction. We reserve the right to require w ▇▇▇▇▇▇ consent of all living ow ners for any change to or termination of ow nership on an account. No beneficiary can be added or removed w ithout consent of all living ow ners. If w e receive w ▇▇▇▇▇▇ notice of a dispute betw een ow ners or inconsistent instructions from them, w e may suspend or terminate the account and require a court order or w ▇▇▇▇▇▇ consent from all ow ners to act.