Distributions from Accounts; Termination of Accounts Clause Samples

Distributions from Accounts; Termination of Accounts. The Account Owner may direct distributions from the Account or terminate the Account at any time subject to the Plan Regulations and Plan procedures and any fees, penalties and additional tax that may be applicable as described below and in the Plan Description or as required by the Act and/or Section 529.
View SourceView Similar (3)
Distributions from Accounts; Termination of Accounts. You may direct distributions from your Account or terminate your Account at any time subject to the Plan’s procedures (as described in the Program Description) and any hold periods, fees, penalties and additional tax that may be applicable as described below and in the Program Description or as required by the Act or Section 529.
View SourceView Similar (3)

Related to Distributions from Accounts; Termination of Accounts

  • Termination of Account We may terminate your account at any time without notice to you or may require you to close your account and apply for a new account if: (1) there is a change in owners or authorized signers; (2) there has been a forgery or fraud reported or committed involving your account; (3) there is a dispute as to the ownership of the account or of the funds in the account; (4) any checks or drafts are lost or stolen; (5) there are excessive returned unpaid items not covered by an overdraft protection plan; (6) there has been any misrepresentation or any other abuse of any of your accounts; or (7) we reasonably deem it necessary to prevent a loss to us. You may terminate an individual account by giving written notice. We reserve the right to require the consent of all owners to terminate a joint account. We are not responsible for payment of any check, draft, withdrawal, transaction, or other item after your account is terminated; however, if we pay an item after termination, you agree to reimburse us.