Limited Liability Company Certification and Authorization-Header
AIR FORCE FEDERAL CREDIT UNION LIMITED LIABILITY COMPANY ACCOUNT CERTIFICATION AND AUTHORIZATION Title of Account:___________________________________________________________________________________ Account No:______________________________________________________________________________________ EIN:_____________________________________________________________________________________________
To induce Air Force Federal Credit Union (the “Credit Union”) to accept and maintain Accounts in the Company name, to transact business with the Company, and to otherwise act in reliance hereon, the undersigned (whether one or more) hereby certify and agree individually and on behalf of the Company as follows: 1.
The name of the Company is _____________________________________, a limited liability company organized in accordance with the Texas Business Organizations Code. The Company’s principal place of business is _________________________________________________.
2.
The undersigned constitute (check one):
All of the managers of the Company (if management of the Company is vested in Company managers).
All of the members of the Company (if Company management is vested in the members of the Company).
Those managers or members specifically authorized to conduct business and to open and maintain Accounts in the Company’s name pursuant to the provisions of the Company’s Company Agreement.
3.
The Company Agreement of the Company attached hereto has not been revoked, amended, or restated in any respect other than by way of amendments and/or restatements annexed thereto. The Company is a valid and subsisting limited liability company authorized to do business in this state and in good standing with the Secretary of State of the State of Texas.
4.
Checks, drafts, and orders for the payment of money, and for the withdrawal of funds in the Company name may be signed by any of the following persons, and any of them may deposit any of the funds of the Company into any Account designated below, whether represented by cash, checks, notes, or other evidences of debt:
5.
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Each Account of the Company shall be subject to the Credit Union’s bylaws, polices, and procedures, in addition to the Membership Application and Agreement, the Business Accounts Rate and Fee Schedule, and any other instrument executed or received in connection with the opening or maintenance of any Account, as all of the same may be amended from time to time.
6.
The Credit Union is authorized to honor, receive, and pay all instruments signed in accordance with the foregoing, even though drawn or endorsed to the order of any member, manager, officer, or other person signing the same or tendering same for cashing, or in payment of the individual obligation of any member, officer, manager, or authorized signer or other person, or for deposit to his or her personal Account, and the Credit Union will not be required or be under any obligation to inquire as to the circumstances of the issuance or use of any instrument signed in accordance with the foregoing, or the application or disposition of any such instrument or the proceeds thereof.
7.
Endorsements for deposit may be evidenced by the name of the Company alone being written or stamped on the instrument deposited without designation of the party making the endorsement.
8.
Each person whose signature is affixed hereto or otherwise certified to by any of the undersigned, has full authority to represent, sign for, and bind the Company in the Company name in all respects, including the authority to close Accounts of the Company.
9.
To the extent that this Certification and Authorization differs from, alters, or contradicts any prior Certification and Authorization governing the opening or maintenance of Company Accounts at the Credit Union, and any authority conferred thereby, this Certification and Authorization shall be deemed to control in all respects. Any individual previously authorized to act on the Company’s behalf with regard to Credit Union Accounts maintained in the Company name, who is not so authorized under these resolutions, is hereby expressly removed as an authorized signer on the Accounts and any such authority previously conferred is hereby revoked. The Account Owner acknowledges that, if an election is made to add or delete authorized signers by way of a modification rather than by closing an Account, the Credit Union may continue to honor checks or orders signed or made by any deleted signer, and the Company is responsible for denying any deleted signer access to the Accounts.
10.
Notwithstanding any subsequent amendment of the Company’s Company Agreement that would serve to modify or terminate the power of any manager, member, or other person to represent the Company, and notwithstanding any other notice thereof the Credit Union may receive, this authority shall continue binding upon each of the undersigned and each of the authorized signers appearing above individually, and shall continue binding upon the Company or its successors, until a replacement Certification and Authorization and any other required documentation s received by the Credit Union in such form as the Credit Union may require, and the Credit Union has had a reasonable opportunity to act thereon.
IN WITNESS WHEREOF, the undersigned have hereto set their hands at_____________________________, Texas, the_______________ day of______________________________, 20_______ .
Signature:
Typed/Printed Name: Manager Member Typed/Printed Name:
Other
Signature:
Signature:
Manager Member Typed/Printed Name:
Other
Signature:
Manager Member Typed/Printed Name:
Other
Manager
Other
{00142651.DOC} Limited Liability Company Certification and Authorization
Member
Air Force Federal Credit Union
Page 2
To induce Air Force Federal Credit Union (the “Credit Union”) to accept and maintain Accounts in the Company name, to transact business with the Company, and to otherwise act in reliance hereon, the undersigned (whether one or more) hereby certify and agree individually and on behalf of the Company as follows: 1.
The name of the Company is _____________________________________, a limited liability company organized in accordance with the Texas Business Organizations Code. The Company’s principal place of business is _________________________________________________.
2.
The undersigned constitute (check one):
All of the managers of the Company (if management of the Company is vested in Company managers).
All of the members of the Company (if Company management is vested in the members of the Company).
Those managers or members specifically authorized to conduct business and to open and maintain Accounts in the Company’s name pursuant to the provisions of the Company’s Company Agreement.
3.
The Company Agreement of the Company attached hereto has not been revoked, amended, or restated in any respect other than by way of amendments and/or restatements annexed thereto. The Company is a valid and subsisting limited liability company authorized to do business in this state and in good standing with the Secretary of State of the State of Texas.
4.
Checks, drafts, and orders for the payment of money, and for the withdrawal of funds in the Company name may be signed by any of the following persons, and any of them may deposit any of the funds of the Company into any Account designated below, whether represented by cash, checks, notes, or other evidences of debt:
5.
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Typed Name:
Authorized Signature:
Each Account of the Company shall be subject to the Credit Union’s bylaws, polices, and procedures, in addition to the Membership Application and Agreement, the Business Accounts Rate and Fee Schedule, and any other instrument executed or received in connection with the opening or maintenance of any Account, as all of the same may be amended from time to time.
6.
The Credit Union is authorized to honor, receive, and pay all instruments signed in accordance with the foregoing, even though drawn or endorsed to the order of any member, manager, officer, or other person signing the same or tendering same for cashing, or in payment of the individual obligation of any member, officer, manager, or authorized signer or other person, or for deposit to his or her personal Account, and the Credit Union will not be required or be under any obligation to inquire as to the circumstances of the issuance or use of any instrument signed in accordance with the foregoing, or the application or disposition of any such instrument or the proceeds thereof.
7.
Endorsements for deposit may be evidenced by the name of the Company alone being written or stamped on the instrument deposited without designation of the party making the endorsement.
8.
Each person whose signature is affixed hereto or otherwise certified to by any of the undersigned, has full authority to represent, sign for, and bind the Company in the Company name in all respects, including the authority to close Accounts of the Company.
9.
To the extent that this Certification and Authorization differs from, alters, or contradicts any prior Certification and Authorization governing the opening or maintenance of Company Accounts at the Credit Union, and any authority conferred thereby, this Certification and Authorization shall be deemed to control in all respects. Any individual previously authorized to act on the Company’s behalf with regard to Credit Union Accounts maintained in the Company name, who is not so authorized under these resolutions, is hereby expressly removed as an authorized signer on the Accounts and any such authority previously conferred is hereby revoked. The Account Owner acknowledges that, if an election is made to add or delete authorized signers by way of a modification rather than by closing an Account, the Credit Union may continue to honor checks or orders signed or made by any deleted signer, and the Company is responsible for denying any deleted signer access to the Accounts.
10.
Notwithstanding any subsequent amendment of the Company’s Company Agreement that would serve to modify or terminate the power of any manager, member, or other person to represent the Company, and notwithstanding any other notice thereof the Credit Union may receive, this authority shall continue binding upon each of the undersigned and each of the authorized signers appearing above individually, and shall continue binding upon the Company or its successors, until a replacement Certification and Authorization and any other required documentation s received by the Credit Union in such form as the Credit Union may require, and the Credit Union has had a reasonable opportunity to act thereon.
IN WITNESS WHEREOF, the undersigned have hereto set their hands at_____________________________, Texas, the_______________ day of______________________________, 20_______ .
Signature:
Typed/Printed Name: Manager Member Typed/Printed Name:
Other
Signature:
Signature:
Manager Member Typed/Printed Name:
Other
Signature:
Manager Member Typed/Printed Name:
Other
Manager
Other
{00142651.DOC} Limited Liability Company Certification and Authorization
Member
Air Force Federal Credit Union
Page 2
