STATE UNCLAIMED PROPERTY LAW DISCLOSURE. The assets in your custodial account are subject to state unclaimed property laws which provide that if no activity occurs in your account within the time period specified by the particular state law, your assets must be transferred to the appropriate state. We are required by law to advise you that your assets may be transferred to an appropriate state in compliance with these state laws.
Appears in 18 contracts
Samples: Custodial Account Agreement, Custodial Account Agreement, Custodial Account Agreement
STATE UNCLAIMED PROPERTY LAW DISCLOSURE. The assets in your custodial account Custodial Account are subject to state unclaimed property laws which provide that if no activity occurs in your account within the time period specified by the particular state law, your assets must be transferred to the appropriate state. We are required by law to advise you that your assets may be transferred to an appropriate state in compliance with these state laws. The following information is the disclosure statement required by IRS regulations.
Appears in 6 contracts
Samples: Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement
STATE UNCLAIMED PROPERTY LAW DISCLOSURE. The assets in your custodial account Custodial Account are subject to state unclaimed property laws which provide that if no activity occurs in your account within the time period specified by the particular state law, your assets must be transferred to the appropriate state. We are required by law to advise you that your assets may be transferred to an appropriate state in compliance with these state laws.. Disclosures Required By IRS Regulations The following information is the disclosure statement required by IRS regulations. The following requirements apply to the Xxxxxxxxx Account:
Appears in 1 contract
Samples: Coverdell Education Savings Account Custodial Agreement
STATE UNCLAIMED PROPERTY LAW DISCLOSURE. The assets in your custodial account Custodial Account are subject to state unclaimed property laws which provide that if no activity occurs in your account within the time period specified by the particular state law, your assets must be transferred to the appropriate state. We are required by law to advise you that your assets may be transferred to an appropriate state in compliance with these state laws.. The following requirements apply to the Xxxxxxxxx Account:
Appears in 1 contract
Samples: Coverdell Education Savings Account Application & Adoption Agreement
