Common use of Certain Custodial Accounts and Contracts Clause in Contracts

Certain Custodial Accounts and Contracts. The term "Trustee" as used herein will also include a person holding the assets of a custodial account, an annuity contract or other contract which is treated as a qualified trust pursuant to Section 401(f) of the Code and references to the Trust Fund shall be construed to apply to such custodial account, annuity contract or other contract.

Appears in 3 contracts

Samples: Adoption Agreement (Jones Medical Industries Inc /De/), Southbanc Shares Inc, Capstone Pharmacy Services Inc

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Certain Custodial Accounts and Contracts. The term "Trustee" as used herein will also include a person holding the assets of a custodial account, an annuity contract or other contract which is treated as a qualified trust pursuant to Section section 401(f) of the Code and references to the Trust Fund shall be construed to apply to such custodial account, annuity contract or other contract.

Appears in 2 contracts

Samples: Agreement (Floridian Financial Group Inc), Southwest Community Bancorp

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