Custodians & Agents Clause Samples
Custodians & Agents. We will exercise reasonable care in our choice of nominees, custodians and agents. As long as the losses do not arise directly from our fraud, negligence or wilful default, we cannot be responsible for loss arising from the default of a nominee (other than our own nominee), a custodian or agent whether the loss arises from the loss of funds, investments, title documents or otherwise.
Custodians & Agents. The Custodian may use agents. The Custodian may use, and rely on, agents as permitted under Applicable Law, including S.D. Codified Laws § 55-1A-31.
Custodians & Agents. The Custodian may engage agents and organization, including but not limited to its related entities for the purposes of performing administrative or other custodial-related services in connection with the custodial account or this Custodial Agreement. The limitation on the duties of the Custodian to the Participant under this Custodial Agreement or otherwise shall also apply to each agent or organization so engaged.