See your notice of penalties for early withdrawal. These rules apply to this account depending on the form of ownership and beneficiary designation, if any, specified on the account records. If two or more of you survive, you will own the balance in the account as joint tenants with survivorship and not as tenants in common. We encourage you to agree and tell us in writing of the percentage of the deposit contributed by each of you. If two or more of you create such an account, you own the account jointly with survivorship.
Beneficiaries acquire the right to withdraw only if.
If two or more beneficiaries are named and survive the death of all persons creating the account, such beneficiaries will own this account in equal shares, without right of survivorship. In Beneficiary Form LDPS means a class of unnamed persons who are the lineal descendants per stirpes of a beneficiary and who are to take upon surviving, in place of and with the same priority as the named individual for whom they are indicated as substitutes. Corporate, Partnership, and other Organizational Accounts - We will usually require a separate authorization form designating the person permitted and conditions required for withdrawal from any account in the name of a legal entity such as a partnership, corporation, or other organization. We will honor such authorization according to its terms until it is amended or terminated in writing by the governing body of such organization. Additional limitations on our obligation to stop-payment are provided by law.