Common use of Authorized Custodian Clause in Contracts

Authorized Custodian. The custodian or trustee must be a bank or other entity authorized by the IRS to act as trustee or custodian of an Individual Retirement Account ("IRA"). BNY Mellon is an authorized entity and can serve as Custodian of your ▇▇▇▇▇▇▇▇▇ ESA Account.

Appears in 19 contracts

Sources: Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement

Authorized Custodian. The custodian or trustee must be a bank or other entity authorized by the IRS to act as trustee or custodian of an Individual Retirement Account ("IRA▇▇▇"). BNY Mellon is an authorized entity and can serve as Custodian of your ▇▇▇▇▇▇▇▇▇ ESA Account.

Appears in 2 contracts

Sources: Coverdell Education Savings Account Application and Adoption Agreement, Coverdell Education Savings Account (Esa) Application and Adoption Agreement

Authorized Custodian. The custodian or trustee must be a bank or other entity authorized by the IRS to act as trustee or custodian of an Individual Retirement Account ("IRA"). BNY Mellon is an authorized entity and can serve as Custodian of your ▇▇▇▇▇▇▇▇▇ ESA Account.

Appears in 1 contract

Sources: Coverdell Education Savings Account Custodial Agreement