Dutch Civil Code Show
Book 1 Law of Persons and Family Law
Which statement is true about a minor in a custodial account under UGMA Uniform Gifts to Minors Act reaching age?Which statement is TRUE regarding a minor in a custodial account opened under UGMA reaching legal age? Under UGMA, when a minor reaches legal age, the registration on the custodial account is changed to the sole name of the new adult. To do so, the new adult must present proof of age and a government issued photo I.D.
Which of the following documents would not be required when a corporation wants to open a cash account?Which of the following documents would not be required when a corporation wants to open a cash account at a broker-dealer? In reading the question carefully, we see that the corporation wants to open a "Cash" account, therefore a Margin Agreement would not be required in order to open the account.
Which of the following can a custodian do if stock subscription rights are in the niece's account?Which of the following can a custodian do if stock subscription rights are in the niece's account? Sell the rights and use the proceeds to buy another security.
Which of the following is among the items of information that must be entered on a new account form?Which of the following is among the items of information that must be entered on a new account form? Names of all persons who will have access to the account.
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