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Designate a single account holder for non-accrual checks on joint or undivided accounts (Document Template)

To be sent to your bank with acknowledgement.

Enter [first and last name, address and attached account number] .

To [place] , [date]

Subject: Designation of a manager in case of payment incident

[Madam,]

We are co-owners of the attached account referenced above.

Please note that, by mutual agreement and as permitted by Article L131-80 of the Monetary and Financial Code, we decide to designate one of us, that is [name and first name of (designated person)] as the sole liability in the event of the issuance of a bad check in our joint account.

[Name] will now be the only person prohibited from issuing checks on all accounts should such an incident occur.

Sincerely,

[Signature of each joint account holder]

Verified 06 January 2022 - Legal and Administrative Information Directorate (Prime Minister)

For details, please use the practical information sheets :