Custodial agent definition

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August undefined, 2024

WebApr 12, 2016 · cus· to· di· al ˌkə-ˈstō-dē-əl 1 a : relating to guardianship b : relating to, providing, or being protective care or services for basic needs nursing and custodial care 2 : having sole or primary custody of a child the custodial parent Example Sentences Her … WebCustodial Agent means the Person who is then the Custodial Agent thereunder. Non-Serviced Custodian The “Custodian” under a Non-Serviced PSA. Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08 (b). Primary Custodian the meaning set forth in Rule 17f-7 (b) (2).

FDIC Banker Resource Center: Trust/Fiduciary Activities

WebApr 5, 2024 · Trust/Fiduciary Activities. As a fiduciary, a bank's primary duty is the management and care of property for others. The Board of Directors and senior management must be able to identify, measure, monitor and control the risks inherent in fiduciary activities, and respond appropriately to changing business conditions. WebJan 21, 2024 · What Is a Nominee? A nominee is a person or firm whose name is titled on securities or other property to facilitate certain transactions or transfers while leaving the original customer as the... great west life insurance beneficiary form

Custodial Definition & Meaning - Merriam-Webster

WebSep 29, 2024 · Custodians may be appointed to hold control of assets of a minor or an incapacitated adult. An adult with legal status may act as the custodian for the accounts … WebApr 3, 2015 · Custodial Parent Definition. In a divorce, the custodial parent is the parent with whom the couple’s child primarily resides, and who cares for and supervises the … WebJan 10, 2024 · The agent or nominee is “engaged in the business of placing” customer funds at IDIs, in a custodial capacity, based upon instructions received from a depositor or … great west life insurance address

Custodial agency Definition: 140 Samples Law Insider

WebA custodian bank, or simply custodian, is a specialized financial institution responsible for providing securities services. It safeguards assets of asset managers, insurance companies, hedge funds, and is not engaged in "traditional" commercial or consumer/retail banking like lending. The role of a custodian in such a case would be to: WebHow to use custody in a sentence. immediate charge and control (as over a ward or a suspect) exercised by a person or an authority; also : safekeeping… See the full definition great west life insurance address in canadaWebApr 3, 2015 · Noun The parent responsible for, or providing protective supervision and guardianship of, a child. Origin of Custodial 1765-1775 Latin custōdi Custodial Parent Definition In a divorce, the custodial parent is the parent with whom the couple’s child primarily resides, and who cares for and supervises the child on a daily bases. florida power and light service

"WebDeath in custody. A death in custody is a death of a person in the custody of the police, other authorities or in prison. In the 21st century, death in custody remains a controversial subject, with the authorities often being accused of abuse, neglect and cover-ups of the causes of these deaths. [1] [2] " - Custodial agent definition

Custodial agent definition

Custodial Agreement: Definition and Key Terms (2024)

WebFor three years, Mr. Walton's agents investigated an expansive Korean crime syndicate that operated an enormous counterfeiting operation throughout America. In September 1995, that investigation culminated in coordinated raids in New York City and Los Angeles that netted $27 million in counterfeit merchandise and resulted in the indictments of ... WebMar 29, 2024 · In financial services, a custodian is a company that has physical possession of your financial assets. It's often a brokerage, commercial bank, or other type of institution that holds your money and …

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WebFeb 17, 2024 · A custodian can be appointed to manage the finances of a minor, such as with an UTMA account. The custodian acts in a similar capacity to a trustee with the … Webcustodial definition: 1. a period of time that someone must stay in prison: 2. relating to the legal right to care for…. Learn more.

WebCustodial Agent means the Person who is then the Custodial Agent thereunder. Custodial agency means an agency of the government designated to act on behalf of … WebThe meaning of CUSTODIAN is one that guards and protects or maintains; especially : one entrusted with guarding and keeping property or records or with custody or guardianship …

WebCustodial Agent means the Person who is then the Custodial Agent thereunder. Custodial agency means an agency of the government designated to act on behalf of the government owner of the disposal site. Webdefinition. Custodial agency means an agency of the government designated to act on behalf of the government owner of the disposal site. Custodial agency means any law …

WebA custodial account is a financial account (such as a bank account, a trust fund or a brokerage account) set up for the benefit of a beneficiary, and administered by a …

Webcustodial meaning: 1. a period of time that someone must stay in prison: 2. relating to the legal right to care for…. Learn more. florida power and light scandalWebCustodians, also referred to as custody providers, are financial institutions that retain the securities of clients. They provide protection against threats and the potential for funds to be lost. Custodians hold stocks as well as additional assets within both physical and electronic form on behalf of clients. florida power and light sarasota floridaWebcustodial agent) to move a depositor’s funds or close a depositor’s account would meet the first prong of the “facilitation” definition. 12 CFR § 337.6(a)(5)(iii)(A). However, a third … great west life insurance cardWeb12 hours ago · Chaim Topol's family revealed the actor lived a double life as a Mossad agent The revelation comes weeks after his death was announced at the age of 87 He was best known for playing Tevye in stage ... great west life insurance canada lifeWebCustodial Agent means the Person who is then the Custodial Agent thereunder. Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement. florida power and light tallahasseeWebcustodial adjective (CARE) relating to the legal right to care for someone or something, especially a child: custodial care SMART Vocabulary: related words and phrases … florida power and light vendor portalWebDefine custodial. custodial synonyms, custodial pronunciation, custodial translation, English dictionary definition of custodial. adj. 1. Of or relating to the work of guarding or maintaining: the custodial duties of a security guard. ... customer agent ... florida power and light storm