Define: Charter Accounts
Charter Accounts means interest-bearing accounts, including sub-accounts, held in [currency], designated and agreed upon between [Account Bank] and [Shareholder].
Legal accuracy standard set & glossary spot-checked by Imad Mohammed Nazar , Skadden-trained M&A lawyer, Legal Engineer at GenieAI
Charter Accounts means interest-bearing accounts, including sub-accounts, held in [currency], designated and agreed upon between [Account Bank] and [Shareholder].
Relevant Circumstances
- When engaging in financial transactions with a bank
- When establishing business partnerships involving shared accounts
- When organizing the financial structure of a corporation