Common use of CHANGE OF INVESTMENT Clause in Contracts

CHANGE OF INVESTMENT. A Participant (or a Beneficiary of a deceased Participant) may change the Fund in which his/her account is invested by filing with the Custodian directions in a form, manner and medium acceptable to the Custodian at such times as the Participant (or a Beneficiary of a deceased Participant) shall deem appropriate. No such change of investment shall be effective until received by the Custodian and, once effective, shall remain in effect until properly changed.

Appears in 5 contracts

Samples: Roth Individual Retirement Account Custodial Account Agreement, Traditional Individual Retirement Account Custodial Account Agreement, Traditional Individual Retirement Account Custodial Account Agreement

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