Titling and Ownership of Accounts Sample Clauses

Titling and Ownership of Accounts. The Account may only be owned in the name of one person who may make deposits and transfer or withdraw funds. The Account cannot be owned or titled as a joint account, trust account, a Uniform Transfers to Minors (UTMA) account or a Payable-On-Death (POD) account.
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Titling and Ownership of Accounts. You acknowledge and agree that your Account is an individual trust or custodial account pursuant to Internal Revenue Code Section 223. The Account cannot be owned or titled as a joint account, trust account, a Uniform Transfers to Minors (UTMA) account or a Payable-On-Death (POD) account. You should designate a beneficiary or beneficiaries to receive the proceeds of your Account on your death. In the event you do not, the funds in your Account will become taxable as part of your estate.
Sample 1

Related to Titling and Ownership of Accounts

  • – OWNERSHIP OF INFORMATION, ETC 9.1 All information, data, research, documents and materials acquired, discovered or produced by Employee in the performance of the Agreement, shall be the exclusive property of Manitoba (including all intellectual property rights), and shall be delivered without cost to Manitoba upon request. 9.2 Employee hereby waives any moral rights under the Copyright Act (Canada) in respect of all matters or things mentioned in section 9.1, and agrees to execute any additional documents, in form and content satisfactory to Manitoba, which Manitoba may reasonably require to evidence the waiver.

  • Ownership of Documents The County has permanent ownership of all directly connected and derivative materials produced under this Contract by the Subrecipient. All documents, reports and other incidental or derivative work or materials furnished hereunder shall become and remains the sole property of the County and may be used by the County as it may require without additional cost to the County. None of the documents, reports and other incidental or derivative work or furnished materials shall be used by the Subrecipient without the express written consent of the County.

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