what is a nominee or custodian
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What you need to know about nominee accounts In the vast majority of cases, all these securities are held in the name of your broker’s nominee company. A nominee company is a custodian charged with the safekeeping of investors’ securities. It should be a separate entity from the broker itself. Your investments are held for you – on trust – in a nominee account. This means that while the nominee is the legal owner of the securities, you retain actual ownership as the beneficiary.
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DOWNLOADED FROM “Code” means the Internal Revenue Code of 1986, as amended from time to time. All “§” references in this Agreement are to the Treasury Regulations issued under. Title 26 of the Code of Federal Regulations, as amended from time to time. “Custodian” means Fidelity Management Trust Company, a Massachusetts trust.
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Levels of pyrroloquinoline quinone in various foods. The levels of free pyrroloquinoline quinone (PQQ) in various foods were examined by the use of gas chromatography-mass spectrometry.PQQ was extracted from the samples, after addition of [U-13C]PQQ as internal standard, with n-butanol and Sep-Pak C18 cartridges.After derivatization of PQQ with phenyltrimethylammonium hydroxide, molecular peaks at m/z 448 and 462 were used for detection of PQQ and [U-13C]PQQ respectively, by selected ion monitoring. Failure to verify the presence of pyrroloquinoline quinone (PQQ) in bovine plasma amine oxidase by gas chromatography/mass spectrometry.
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Orphan Relative visa (subclass 117) An Orphan Relative visa (subclass 117) is for a child whose parents are dead, permanently incapacitated or of unknown whereabouts. It allows a child in this situation to travel to and stay permanently with their sponsoring relative in Australia. The sponsoring relative usually applies on behalf of the child.
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FDA is Revoking Food Additive Approval for the Use of Perchlorate in Sealing Gaskets for Food Containers Because its Use Has Been Abandoned May 3, 2017. The U.S. Food and Drug Administration is amending the food additive regulations to revoke the use of potassium perchlorate as a component in sealing gaskets for food containers, such as those used in the lids of glass containers, because industry has abandoned this use.
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custodian : an individual entrusted with guarding and keeping property or having custody of a person: as a : the warden of a prison b : a person given custody of a child by court order c : a person named to manage a child's property under the Uniform Transfers to Minors Act d : a person or entity appointed by a bankruptcy court to take charge of the debtor's ...
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Inheritance In law, an heir is a person who is entitled to receive a share of the deceased 's (the person who died) property, subject to the rules of inheritance in the jurisdiction where the deceased (decedent) died or owned property at the time of death.
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- nominee corporation to the developer may be treated as a taxa-. * This article is a condensed version of Chapter 2C, The Use of Nominee. Corporations in Real Estate Financing Transactions, in the treatise REAL ESTATE. FINANCING published by Matthew Bender & Co., Inc.
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Definitions &Translations Freebase(0.00 / 0 votes)Rate this definition: A custodial account is a financial account set up for the benefit of a beneficiary, and administered by a responsible adult, known as a custodian who has a fiduciary obligation to the beneficiary.
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- Transfer switches must be subjected to a. maintenance program including connections, inspection or testing for evidence of overheating. and excessive contact erosion, removal of dust. and dirt, and replacement of contacts when. required.
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- A person is an indirect beneficial owner when the person's securities are held through an issuer, an affiliated issuer, a family trust, a third person. or other legal entity. Securities beneficially owned but held through a nominee such as a broker or book-based depository are considered direct. holdings.
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- (f) Guardian means a court-appointed guardian of the person of a child. (g) Custodian means any person having the present care or custody of a child whether such person be a parent or otherwise. (h) Legal custodian means a court-appointed custodian of the child. (i) Delinquent child means a child who has reached his tenth birthday and who has committed a delinquent act.
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- You would need several scissor jacks to rotate a car's tires. How often you have your car's tires rotated depends on how often you drive and the types of tires you use. Frequent tire rotations can result in a safer and smoother drive. Cars driven daily should have their tires rotated every 3,000 to 5,000 miles.ire rotations should be performed on a vehicle every 3,000 to 5,000 miles for vehicles which experience daily or near daily use and every 5,000 to 10,000 miles for vehicles which only see light usage and thus whose tires wear down slower.
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- noun. 1  1A person who is nominated as a candidate for election or for an honour or award. 2  2A person or company, not the owner, in whose name a stock, bond, or company is registered. as modifier ‘an offshore nominee company’.
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depository 1. Person or firm entrusted with safekeeping of funds, securities, or other valuable assets. 2. Storage in which something is placed to be taken out later. In comparison, a repository is meant for indefinite or permanent placement.
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Child Support Acronyms & Glossary The custodial parent is the parent who has primary care, custody, and control of the child(ren). The noncustodial parent is the parent who does not have primary care, custody, and control of the child(ren) and has an obligation to pay child support.
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Definitions &Translations Wiktionary (0.00 / 0 votes) Rate this definition: nomination (Noun). An act or instance of nominating. nomination (Noun). A device or means by which a person or thing is nominated.
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- Existing investors--in their own name or as beneficial owner of shares held in someone else 's name--for example , a nominee , custodian or omnibus account holding shares for the benefit of an investor would not be eligible to open a new account for its own benefit or for the benefit of another investor , but the investor would be eligible to open a ...
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What Does an IRA Custodian Do? The custodian also reports all your transactions to the IRS. An IRA custodian can either be an IRS approved financial institution or a non-financial institution that has been given specific IRS approval.As an IRA custodian, Sunwest Trust does not provide any tax or legal advice, nor do we determine the fair market value of your investment accounts.We also do not sell, advise on, or endorse any investment products or services.EP IRA contributions are put into the employee’s name rather than the company’s pension fund. Money from a SIMPLE IRA can be rolled over into the rollover IRA rather than being contributed as cash. Your custodian will take care of the paperwork for all of these.
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- Nominee definition: A nominee is someone who is nominated for a job , position, or award . | Meaning, pronunciation, translations and examples English Dictionary | Thesaurus | Translator | Grammar | Scrabble | Blog
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- n (for social security etc) → Antragsteller(in) m(f); (for inheritance etc) → Anspruchsteller(in) m(f) (→ to auf +acc); (Jur) → Kläger(in) m(f); a claimant to a title/throne → ein Titel-/Thronanwärter m, → eine Titel-/Thronanwärterin.
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Notary Legal Terms Dictionary Custodian of the Document: the person who has charge or custody of the document. In the case of making an attested photocopy, the “document’s custodian” is the person presenting the document, who may or may not be the document signer or a party named in the document.
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What is a 'Custodian' The custodian remains in place until he resigns or becomes incapacitated, or the beneficiary reaches the age of legal adulthood. Other people can contribute towards a minor's account, but they have no authority over how the funds are managed once they are deposited.
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- Definition of nominee - a person who is nominated as a candidate for election or for an honour or award, a person or company, not the owner, in whose name Definition of nominee - a person who is nominated as a candidate for election or for an honour or award, a person or company, not the owner, in whose name dictionary thesaurus
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Custodian bank Mutual Fund Custodian. A Mutual Fund Custodian refers typically to a custodian bank or trust company (a special type of financial institution regulated like a bank), or similar financial institution responsible for holding and safeguarding the securities owned by a mutual fund.
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What is an 'Incumbent' An incumbent is an individual who is responsible for a specific office within a corporation or government position; this person has an obligation to the position or office she holds.