Common use of Liability and Disclaimer Clause in Contracts

Liability and Disclaimer. The Credit Union shall not be liable to Member other than as required by applicable law when the procedures of The Credit Union are followed and such procedures are reasonable. The Credit Union is not responsible for detecting Member errors contained in any deposit created and transmitted to The Credit Union by Member. The Credit Union is not responsible for loss resulting through error by other banks or other entities involved in the collection process.

Liability and Disclaimer. The Credit Union shall not be liable to Member other than as required by applicable law when the procedures of The Credit Union are followed and such procedures are reasonable. The Credit Union is not responsible for detecting Member errors contained in any deposit created and transmitted to The Credit Union by Member. The Credit Union is not responsible for loss resulting through error by other banks or other entities involved in the collection process.The