Common use of Collectibles Clause in Contracts

Collectibles. Generally, none of your Xxxx XXX assets may be that you may not revoke a Xxxx XXX established with a recharacterized invested in collectibles, including any work of art, rug, or antique, contribution, nor do you have the right to revoke upon amendment of this metal or gem, stamp or coin, alcoholic beverage, or any other agreement. tangible personal property. If we allow, you may invest your Xxxx You may revoke your Xxxx XXX by providing us with written notice. IRA assets in the following coins and bullion: certain gold, silver, The revocation notice may be mailed by first-class mail, or hand delivered and platinum coins minted by the United States; a coin issued under to us. If your notice is mailed by first-class, postage pre-paid mail, the the laws of any state; and any gold, silver, platinum, and palladium revocation will be deemed mailed on the date of the postmark. bullion of a certain fineness, and only if such coins and bullion are If you have any questions or concerns regarding the revocation of your held by us. For additional guidance on collectibles, see Section Xxxx XXX, please call or write to us. Our telephone number, address, and 408(m) of the Internal Revenue Code (IRC).