Please stop payment on the above-described item. In
requesting the credit union to stop payment of this item, the undersigned
member agrees to furnish the credit union with the exact amount, date,
number, name of payee and such other information pertaining to said item
as the credit union may request, and failure to furnish such information
shall relieve the credit union of any liability for payment made contrary
to this request. Undersigned member agrees to reimburse the credit union
for all expenses and loss resulting from refusing payment pursuant to
this order, or if by reason of such payment other checks by the undersigned
member are returned unpaid because of insufficient funds. This stop payment
order is subject to the provisions contained in the undersigned member's
signature card. The fee to stop payment is $10.00.
The member understands that he/she may only stop payment
on items signed by him or herself and not items signed by other joint
tenants. The member agrees to hold credit union harmless from loss caused
by the member's abuse of this stop payment privilege.
This request is effective from the date after its receipt
by the credit union. A verbal request will be honored for 14 days. A signed
request will be honored for 6 months. Unless the request is renewed in
writing after the initial 6 month period, the credit union may pay the
items without inquiry or notice to the member and any such payment shall
be deemed to have been in good faith.
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