Examples of Prohibited Transactions in a sentence
See, e.g., sections 5 (Company Administrator and Users), 8 (Information Processing and Reporting), 10 (Guides and Security Procedures), 12 (Amending/Canceling a Transaction), 14 (Unauthorized Transactions), 16 (Electronic Mail/Internet), 22 (Standard of Care), 26 (Prohibited Transactions), 27 (Errors and Questions), 28 (Notice), and 31 (Liability; Indemnification; Warranties).
Prohibited Transactions We strictly prohibit the use of any account to conduct transactions (including, without limitation, the acceptance or receipt of credit or other receipt of funds through an electronic funds transfer, or by check, draft, or similar instrument, or the proceeds of any foregoing) related, directly or indirectly, to federally controlled substances.
Prohibited Transactions: I understand that my account is subject to the provisions of Internal Revenue Code (IRC) Section 4975, which defines certain prohibited transactions.
Prohibited Transactions – If you or your beneficiary engages in any prohibited transaction as described in the Code Section 4975(c) (such as any sale, exchange, borrowing, or leasing of any property between you and your Xxxx XXX; or any other interference with the independent status of the account), the account will lose its exemption from tax and be treated as having been distributed to you in the tax year in which you or your beneficiary engaged in the prohibited transaction.
Prohibited Transactions We strictly prohibit the use of any account to conduct transactions (including, without limitation, the acceptance or receipt of credit or other receipt of funds through an electronic funds transfer, or by check, draft, or similar instrument, or the proceeds of any foregoing) related, directly or indirectly, to cryptocurrency or federally controlled substances.