Common use of Minor Accounts Clause in Contracts

Minor Accounts. Accounts may be established in the name of or for the benefit of minors in accordance with applicable state law. If the Bank establishes an account in the name of a minor and one or more adults, each adult is fully responsible for all liabilities arising from the account.

Minor Accounts. Accounts may be established in the name of or for the benefit of minors in accordance with applicable state State law. If the Bank establishes an a joint account in the name of a minor and one or more adults, each adult is fully responsible for all liabilities arising from the account.

Minor Accounts. Accounts may be established in the name of or for the benefit benefit of minors in accordance with applicable state State law. If the Bank establishes an a joint account in the name of a minor and one or more adults, each adult is fully responsible for all liabilities arising from the account.