Common use of REGISTRATION AND OWNERSHIP OF SHARES Clause in Contracts

REGISTRATION AND OWNERSHIP OF SHARES. Shares acquired by the Custodian shall be registered in the name of the Custodian or its nominee. The Custodian shall deliver, or cause to be delivered, to Participant all prospectuses, confirmations, notices, reports or other material as may be required under applicable securities laws. The Custodian shall not vote any such Shares except in accordance with written or oral instructions received from Participant.

Appears in 5 contracts

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

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REGISTRATION AND OWNERSHIP OF SHARES. Shares acquired by the Custodian shall be registered in the name of the Custodian or its nominee. The Custodian shall deliver, or cause to be delivered, to Participant all prospectuses, confirmations, notices, reports or other material as may be required under applicable securities laws. The Custodian shall not vote any such Shares except in accordance with written or oral instructions received from Participant.

Appears in 3 contracts

Samples: Custodial Account Agreement (State Farm Growth Fund Inc), Custodial Account Agreement (State Farm Balanced Fund Inc), Custodial Account Agreement (State Farm Balanced Fund Inc)

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REGISTRATION AND OWNERSHIP OF SHARES. Shares acquired by the Custodian shall be registered in the name of the Custodian or its nominee. The Custodian shall deliver, or cause to be delivered, to Participant Depositor all prospectuses, confirmations, notices, reports or other material as may be required under applicable securities laws. The Custodian shall not vote any such Shares except in accordance with written or oral instructions received from ParticipantDepositor.

Appears in 1 contract

Samples: Custodial Account Agreement (State Farm Growth Fund Inc)

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