Xx Investment Advice. Custodian shall have no responsibility for rendering advice with respect to the investment and reinvestment of Applicant/Plan Participant's account and shall not be liable for any loss which result from Applicant/Plan Participant's exercise of control over his/her account. Applicant/Plan Participant shall have and exercise exclusive responsibility for control over all the investment decisions concerning the assets of his/her account, and the Custodian shall have no duty to question his/her investment directives. Custodian reserves the right, in its sole discretion, to deny any investment direction that it cannot feasibly administer, which is violative of Custodian’s policy or which might result in a violation of Federal, State or Local laws. Applicant/Plan Participant hereby agrees that the exercise of such right shall not be construed as Custodian providing investment or legal advice.
Appears in 4 contracts
Samples: Custodial Agreement, Traditional Individual Retirement Custodial Agreement, Simple Ira Custodial Agreement
