Applicable State Law. This custodial account shall be construed, administered and enforced according to the laws of the State of Wisconsin.
Applicable State Law. The contract shall be construed according to the laws of the State of Missouri. The Contractor must be registered and maintain good standing with the Secretary of State, of the State of Missouri and other regulatory agencies as may be required by law or regulation.
Applicable State Law. This Contract shall be deemed to be entered into in and shall be interpreted under the laws of the State of Florida.
Applicable State Law. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Illinois.
Applicable State Law. This Agreement shall be governed by the laws of the State of Illinois and constitutes the entire Agreement between the Park Ridge Education Association and the Board of Education, Community Consolidated School District 64, and shall be changed only in writing signed by both parties.
Applicable State Law. This custodial account shall be construed, administered and enforced according to the laws of the State of Wisconsin. FIDUCIARY FUNDS XXXX INDIVIDUAL RETIREMENT CUSTODIAL ACCOUNT The following constitutes an agreement establishing a Xxxx XXX (under Section 408A of the Internal Revenue Code) between the depositor and the custodian.
1. If this Xxxx XXX is not designated as a Xxxx Conversion IRA, then, except in the case of a rollover contribution described in section 408A(e), the custodian will accept only cash contributions and only up to a maximum amount of $2,000 for any tax year of the depositor.
2. If this Xxxx XXX is designated as a Xxxx Conversion IRA, no contributions other than IRA Conversion Contributions made during the same tax year will be accepted.
ARTICLE II The $2,000 limit described in Article I is gradually reduced to $0 between certain levels of adjusted gross income (AGI). For a single depositor, the $2,000 annual contribution is phased out between AGI of $95,000 and $110,000; for a married depositor who files jointly, between AGI of $150,000 and $160,000; and for a married depositor who files separately, between $0 and $10,000. In the case of a conversion, the custodian will not accept IRA Conversion Contributions in a tax year if the depositor's AGI for that tax year exceeds $100,000 or if the depositor is married and files a separate return. Adjusted gross income is defined in section 408A(c)(3) and does not include IRA Conversion Contributions.
ARTICLE III The depositor's interest in the balance in the custodial account if nonforfeitable.
1. No part of the custodial funds may be invested in life insurance contracts, nor may the assets of the custodial account be commingled with other property except in a common trust fund or common investment fund (within the meaning of section 408(a)(5)).
2. No part of the custodial funds may be invested in collectibles (within the meaning of section 408(m) except as otherwise permitted by section 408(m)(3), which provides an exception for certain gold, silver, and platinum coins, coins issued under the laws of any state, and certain bullion.
1. If the depositor dies before his or her entire interest is distributed to him or her and the grantor's surviving spouse is not the sole beneficiary, the entire remaining interest will, at the election of the depositor or, if the depositor has not so elected, at the election of the beneficiary or beneficiaries, either.
(a) Be distributed by December 31 of the ...
Applicable State Law. 7 Appraisal .............................................................. 7
Applicable State Law. This Agreement shall be governed, construed, and enforced in accordance with the laws of Wyoming, without regard to its conflict of laws rules.
Applicable State Law. This Agreement shall be governed, construed, and enforced in accordance with the laws of Delaware, without regard to its conflict of laws rules.
Applicable State Law. A. In the event there is a conflict between a provision of this Agreement and any applicable state law, all other provisions of the Agreement which are not in conflict with any applicable state law, shall continue in full force and effect in accordance with their terms.
B. If, during the terms of this Agreement, there is a change in any application of State law, which would invalidate any provision of this Agreement, the parties will meet to negotiate any necessary change in the agreement relative to the affected provision only.
