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7.3 NORTH SCOTT COMMUNITY SCHOOL DISTRICT TITLE: Custodian and Custodian QUALIFICATIONS: 1. 2. 3. Certification of good health by a licensed physician Ability to follow detailed instructions. Good

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What is title custodian and sub-custodian?

Title custodian is a financial institution responsible for holding securities on behalf of a client, while sub-custodian is a financial institution appointed by the title custodian to hold securities in a specific location.

Who is required to file title custodian and sub-custodian?

Financial institutions and investment firms are required to file title custodian and sub-custodian.

How to fill out title custodian and sub-custodian?

Title custodian and sub-custodian forms must be completed with accurate information regarding the securities being held and the institutions involved.

What is the purpose of title custodian and sub-custodian?

The purpose of title custodian and sub-custodian is to ensure proper custody and safekeeping of securities, as well as to provide transparency in the handling of client assets.

What information must be reported on title custodian and sub-custodian?

Information such as the names of the custodian and sub-custodian, the types of securities held, and the location of the securities must be reported on title custodian and sub-custodian forms.

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