Nominee Registration. The Custodian may hold all Eligible Investments in accounts registered to the Custodian or its nominee as record owner. Such record ownership shall not abridge or alter the beneficial ownership in the Custodial Account of the Designated Beneficiary.
Appears in 22 contracts
Sources: Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement
Nominee Registration. The Custodian may hold all Eligible Investments Assets in accounts registered to the Custodian or its nominee as record owner. Such record ownership shall not abridge or alter the beneficial ownership in the Custodial Account of the Designated Beneficiary.
Appears in 2 contracts
Sources: Coverdell Education Savings Account Custodial Agreement, Coverdell Education Savings Account Custodial Agreement