Designated survivor definition
Designated survivor means the person who will assume account ownership in the event of the account owner's death.
Designated survivor means the person who will assume account ownership in the event of the
Designated survivor means the person who will assume Contract ownership in the event of the Account Owner’s death. The Designated Survivor may be named by the Account Owner on the Application or by the Account Owner sending Virginia529 a written and signed notification. At the time they are named as such, Designated Survivors must be eligible to become Account Owners pursuant to the terms of this Contract. The Designated Survivor does not have any control over or access to information about the Prepaid529 Contract until and unless they become the Account Owner.
More Definitions of Designated survivor
Designated survivor is the person who will assume Account ownership in the event of the Account Owner’s death. The Designated Survivor may be named by the Account Owner on the Application or by the Account Owner by submitting a Designated Survivor form. At the time they are named as such, Designated Survivors must be eligible to become Account Owners pursuant to the terms of this Agreement. The Designated Survivor does not have any control over or access to information about the Invest529 Account until and unless they become the Account Owner.