TERMS AND CONDITIONS APPLICABLE TO ALL CUSTODIAL ACCOUNTS. a. The transferor/custodian is opening an account as custodian for the minor named on the Transfers for Minors Application under the California Uniform Transfers to Minors Act (UTMA). The transfer of money to the minor named on the Transfers to Minors Application, which transfer will be deemed to include all dividends and any future deposits or other additions thereto, is irrevocable and is made in accordance with and to include all provisions of the California Uniform Transfers to Minors Act (UTMA) now in effect or hereinafter amended. A Transfers to Minors Application is required for each beneficiary.
Appears in 4 contracts
Samples: Master Account Agreement, Master Account Agreement, Master Account Agreement
