Common use of Limits on Investment of Contributions Clause in Contracts

Limits on Investment of Contributions. No part of the Custodial Account funds may be invested in life insurance contracts, nor may the Investments in the Custodial Account be commingled with other property except in a common trust fund or a common investment fund (within the meaning of Code Section 530(b)(1)(D)).

Appears in 19 contracts

Samples: www.lordabbett.com, www.arrowmarkpartners.com, 6b517bbbe092ed90657e-e87f61d6c272d3a7e8ddccf5e9815e01.ssl.cf2.rackcdn.com

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!