Common use of Custodial Account Clause in Contracts

Custodial Account. Custodial Account means the type of legal arrangement whereby the Custodian is a qualified financial institution that agrees to maintain the Custodial Account for the exclusive benefit of the Depositor and the Depositor's beneficiaries.

Appears in 51 contracts

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

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Custodial Account. Custodial Account means the type of legal arrangement whereby the Custodian is a qualified financial institution that agrees to maintain the Custodial Account for the exclusive benefit of the Depositor and the Depositor's beneficiariesDesignated Beneficiary.

Appears in 4 contracts

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

Custodial Account. Custodial Account means the type of legal arrangement whereby the Custodian is a qualified financial institution that agrees to maintain the Custodial Account for the exclusive benefit of the Depositor Participant and the DepositorParticipant's beneficiaries.

Appears in 2 contracts

Samples: Custodial Agreement, Custodial Agreement

Custodial Account. Custodial Account means the type of legal arrangement whereby the Custodian is a qualified financial institution that agrees to maintain the Custodial Account for the exclusive benefit of the Depositor and the Depositor's beneficiaries.the

Appears in 2 contracts

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

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Custodial Account. Custodial Account means the type of legal arrangement whereby the Custodian is a qualified financial institution that agrees to maintain the Custodial Account for the exclusive benefit of the Depositor and the Depositor's ’s beneficiaries.

Appears in 1 contract

Samples: Roth Individual Retirement Account Custodial Agreement

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