Custodian under a Uniform Gifts to Minors Act definition

Custodian under a Uniform Gifts to Minors Act means an account established pursuant to a state law which is substantially similar to the Uniform Gifts to Minors Act as published by the America Law Institute and with respect to which the bank operating such account has established to the satisfaction of the Secretary of the Treasury that it has duties and responsibilities similar to duties and responsibilities of a trustee or guardian.
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Custodian under a Uniform Gifts to Minors Act means a fiduciary relation- ship established pursuant to a state law substantially similar to the Uni- form Gifts to Minors Act or the Uni- form Transfers to Minors Act as pub- lished by the American Law Institute.
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Custodian under a Uniform Gifts to Minors Act means an account established under ss. 54.854 to 54.894, Stats., or a sub- stantially similar law of another state, and with respect to which the association operating the account has established to the satis- faction of the division that it has duties and responsibilities similar to the duties and responsibilities of a trustee or guardian.
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Examples of Custodian under a Uniform Gifts to Minors Act in a sentence

  • If the Trustee is authorized or required to distribute trust funds to a beneficiary who is then a minor, and the Trustee does not believe that an immediate distribution is in the beneficiary's best interests, it may instead distribute such property to any adult caring for the beneficiary or to the beneficiary's Guardian or Custodian under a Uniform Gifts to Minors Act or Uniform Transfers to Minors Act.

Related to Custodian under a Uniform Gifts to Minors Act

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  • PBR Act means the Plant Breeder’s Rights Xxx 0000 (Cth) as amended from time to time.

  • POPI Act means the Protection of Personal Information Act, 4 of 2013;

  • Financial Instruments Accounts Act means the Swedish Financial Instruments Accounts Act (lag (1998:1479) om kontoföring av finansiella instrument).

  • Foreign Corrupt Practices Act means the Foreign Corrupt Practices Act of the United States, 15 U.S.C. Sections 78a, 78m, 78dd-1, 78dd-2, 78dd-3, and 78ff, as amended, if applicable, or any similar law of the jurisdiction where the Property is located or where the Company or any of its Subsidiaries transacts business or any other jurisdiction, if applicable.

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  • Designated domestic violence agency means a county-wide organization with a primary purpose to provide services to victims of domestic violence, and which provides services that conform to the core domestic violence services profile as defined by the Division of Child Protection and Permanency in the Department of Children and Families and is under contract with the division for the express purpose of providing the services.

  • Loss Absorption Regulations means, at any time, the laws, regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments of the United Kingdom, the PRA, the United Kingdom resolution authority, the Financial Stability Board and/or of the European Parliament or of the Council of the European Union then in effect in the United Kingdom including, without limitation to the generality of the foregoing, any delegated or implementing acts (such as regulatory technical standards) adopted by the European Commission and any regulations, requirements, guidelines, rules, standards and policies relating to minimum requirements for own funds and eligible liabilities and/or loss absorbing capacity instruments adopted by the PRA and/or the United Kingdom resolution authority from time to time (whether or not such regulations, requirements, guidelines, rules, standards or policies are applied generally or specifically to the Company or to the Regulatory Group).

  • National Road Traffic Act means the National Road Traffic Act, 1996 (Act 93 of 1996);

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  • 2012 Act means the Health and Social Care Act 2012;

  • Public Works Act means the Public Works Xxx 0000;

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  • Family Law Act means the Family Law Act, R.S.O. 1990, c. F.3, as am. S.O. 2006, c. 1, s.5; 2006, c. 19, Sched. B, s. 9, Sched. C, s. 1(1), (2), (4);

  • Mass Privacy Act is defined in Section 9.2 hereof.

  • OFAC Regulations means the regulations promulgated by OFAC, as amended from time to time.

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