Define:

Account Signatory

The meaning of “

Account Signatory

” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Account Signatory defined in a legal contract?

  • Account Signatory means a person who is authorised by the Account Holder to make transactions on their account. Seen in 18 SEC filings.
  • Account Signatory means a person or persons who have been legally given permission by the Account Owner to operate the account independently. The Account Owner or Account Holder is understood to be the individual or individuals who hold a bank account, whether on their own or jointly with another person. Seen in 3 SEC filings.
  • Account Signatory means any individual, whether a legal entity or a natural person, who is authorised by you for the intention of agreements. Seen in 2 SEC filings.
  • Account Signatory means any person appointed by the Principal with the power to act on its behalf in relation to the operation of an Account. This includes modifying restrictions or limits, and adding or removing Authorised Users or Operators for Business Authorised Users. Seen in 1 SEC filing.
  • Account Signatory means the person or persons who are authorised to operate on an account under the relevant signature mandate. Seen in 1 SEC filing.
  • Account Signatory means any person (legal or natural) who is occasionally authorised by you for the purposes of an agreement. Seen in 1 SEC filing.
  • Account Signatory means the person or persons who are authorised to operate on an account under the proper account signature mandate. Seen in 1 SEC filing.

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of account signatory' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Account Signatory means an individual authorized by the Account Holder to execute transactions on their account.

Relevant Contract Types

Relevant Circumstances

  • Opening of a business or personal bank account.
  • Election of a new officer in an organization who will handle financial transactions.
  • Establishment or changes within a partnership where financial roles and authorizations need to be defined.

Relevant Sectors

Genie Definition 2

  • Account Signatory means the person(s) legally empowered by the Account Holder to operate independently on an account.

Relevant Contract Types

Relevant Circumstances

  • Establishment or changes within a joint bank account where roles need to be defined.
  • Designating a financial advisor or investment manager who can execute transactions independently.

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “

Account Signatory

" in your document?

🚀 Try our AI Legal Assistant! It's free while in beta and it can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of '

Account Signatory

'?

Account Signatory means an individual authorized by the Account Holder to execute transactions on their account.

The 2nd most popular definition of '

Account Signatory

' is:

The 3rd most popular definition of '

Account Signatory

' is:

The 4th most popular definition of '

Account Signatory

' is:

The 5th most popular definition of '

Account Signatory

' is:

Ask Genie your legal questions

Genie's AI is based on GPT-4 and Genie's own proprietary language models trained on 100,000+ legal docs - try Genie AI today

Step 1

Choose from 4700+ regularly updated legal templates

Step 2

Customise & review your doc with Genie's AI assistant

Step 3

Collaborate with your team and counterparties in one platform

Legal professionals join forces to solve industry problems
Legaltech startup Genie AI scores £2M seed for its ‘intelligent’ contract editor
Techcrunch Logo
Empowering lawyers to draft with the collective intelligence of the firm.
Forbes Logo
The technology spun out of research on generative algorithms at University College London
The Law Gazette Logo
Genie AI - Your AI legal assistant | Product Hunt