designating person definition

designating person means the Depositor during his/her lifetime; after the Depositor's death, it also means the Depositor's spouse, but only if the spouse elects to treat the Custodial Account as the spouse's own Custodial Account in accordance with applicable provisions of the Code.
designating person means any Person that has entered into an agreement with the Company pursuant to which such person has the right to designate one or more members of the Board and a designee of such Person is serving as a member of the Board at such time.
designating person means Depositor during his/her lifetime; only after Xxxxxxxxx’s death, it also means Depositor’s spouse if the spouse is a Beneficiary and elects to transfer assets from the Custodial Account to the spouse’s own Custodial Account in accordance with applicable provisions of the Code. (Note: Married Depositors who reside in a community property or marital property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin), may need to obtain spousal consent if they have not designated their spouse as the primary Beneficiary for at least half of their Custodial Account. Consult a lawyer or other tax professional for additional information and advice.)

More Definitions of designating person

designating person means Depositor during his/her lifetime; only after Xxxxxxxxx’s death, it also means Depositor’s spouse if the spouse is a Beneficiary and elects to transfer assets from the Custodial Account to the spouse’s own Custodial Account in accordance with applicable provisions of the Code. (Note: Married Depositors who reside in a community property or marital property state, may need to obtain spousal consent if they have not designated their spouse as the primary Beneficiary for at least half of their Custodial Account. Consult a lawyer or other tax professional for additional information and advice.)
designating person means Depositor during his/her lifetime; after Depositor's death, it also means Depositor's spouse, but only if the spouse elects to treat the Custodial Account as the spouse's own Custodial Account in accordance with applicable provisions of the Code. (b) When and after distributions from the Custodial Account to Depositor's Beneficiary commence, all rights and obligations assigned to Depositor hereunder shall inure to, and be enjoyed and exercised by, Beneficiary instead of Depositor. 12. (a) The Depositor agrees to provide information to the IRA Provider at such time and in such manner as may be necessary for the IRA Provider to prepare any reports required under Section 408(i) or Section 408A(d)(3)(E) of the Code and the regulations thereunder or otherwise. (b) The IRA Provider will submit reports to the Internal Revenue Service and the Depositor at such time and manner and containing such information as is prescribed by the Internal Revenue Service. (c) The Depositor, IRA Provider shall furnish to each other such information relevant to the Custodial Account as may be required under the Code and any regulations issued or forms adopted by the Treasury Department thereunder or as may otherwise be necessary for the administration of the Custodial Account. (d) The Depositor shall file any reports to the Internal Revenue Service which are required of him by law (including Form 5329), and the IRA Provider shall not have any duty to advise Depositor concerning or monitor Depositor's compliance with such requirement. 13. (a) Depositor retains the right to amend this Custodial Account document in any respect at any time, effective on a stated date which shall be at least 60 days after giving written notice of the amendment (including its exact terms) to IRA Provider by registered or certified mail, unless IRA Provider waives notice as to such amendment. If the IRA Provider does not wish to continue serving as such under this Custodial Account document as so amended, it may resign in accordance with Section 17 below.
designating person means Depositor; after Depositor's death, it also means the person or persons (other that Depositor's estate) who begin to receive a portion of the custodial account pursuant to such a designation by Depositor, and designations by such a person shall relate solely to the balance of that portion remaining in the custodial account as of when distribution pursuant to a designation by that person is to commence. The Custodian shall accept all such forms only in the Commonwealth of Massachusetts, and the shall be considered part of this Agreement for purposes of Article IX, para. 13(c).
designating person means Participant during his/her lifetime; only after Participant’s death, it also means Participant’s spouse if the spouse is a Beneficiary and the spouse elects to transfer assets from the Custodial Account to the spouse’s own Custodial Account in accordance with applicable provisions of Code. (Note: Married Participants who reside in a community property or marital property state may need to obtain spousal consent if they have not designated their spouse as the primary Beneficiary for at least half of their Account. Consult a lawyer or other tax professional for additional information and advice.)
designating person means the Participant during his or her lifetime or after the Participant’s death, unless otherwise prohibited by the Participant in writing on file with the Custodian, the Participant’s Beneficiary (including any beneficiary of such Beneficiary).
designating person means a Party or non-party that designates discovery material as “Confidential,” “Data Protection Confidential,” or “Highly Confidential,” as provided herein.
designating person means Depositor during his/her lifetime; only after Xxxxxxxxx’s death, it also means Depositor’s spouse if the spouse is a Beneficiary and elects to transfer assets from the Custodial Account to the spouse’s own Custodial Account in accordance with applicable provisions of the Code. (Note: Married Depositors who reside in a community property or marital property state (Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin), may need to obtain spousal consent if they have not designated their spouse as the primary Beneficiary for at least half of their Account. Neither the Custodian nor the plan sponsor is liable for any consequences resulting from failure to accurately represent spousal consent. Consult a lawyer or other tax professional for additional information and advice.)