Minors. If a distribution upon the death of the Depositor (or following the death of the Depositor, the Beneficiary) is payable to a person known by the Custodian to be a minor
Appears in 2 contracts
Samples: Roth Ira Custodial Agreement, Roth Ira Custodial Agreement
Minors. If a distribution upon the death of the Depositor (or following the death of the Depositor, the Beneficiary) is payable to a person known by the Custodian to be a minorminor or otherwise under a legal disability, the Custodian may, in its
Appears in 2 contracts
Samples: Simple Ira Custodial Agreement, Simple Ira Custodial Agreement
Minors. If a distribution upon the death of the Depositor (or following the death of the Depositor, the Beneficiary) is payable to a person known by the Custodian to be a minor
(i) a parent of such person, (ii) the guardian, conservator, or other legal representative, wherever appointed, of such person,
(iii) a custodial account established under a Uniform Gifts to Minors Act, Uniform Transfers to Minors Act, or similar act,
(iv) any person having control or custody of such person, or
(v) to such person directly.
Appears in 2 contracts
Samples: Traditional Ira Custodial Agreement, Traditional Ira Custodial Agreement
Minors. If a distribution upon the death of the Depositor (or following the death of the Depositor, the Beneficiary) is payable to a person known by the Custodian to be a minorminor or otherwise under a legal disability, the Custodian may, in its absolute discretion, make all, or any part of the distribution to
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