# Custodial Agreement

**IRI:** https://folio.openlegalstandard.org/R9mCCoYEusPcLMTiElgn8za

## Labels

**Preferred Label:** Custody Agreement

## Definition

A Custodial Agreement is a contract where a financial institution, often a bank, agrees to hold and safeguard an individual's or entity's financial assets. The custodian may also provide additional services like account administration, transaction settlements, and tax support.

## Sub Class Of

- https://folio.openlegalstandard.org/R8Q31MHgiF9qpQ2nPT5UPWp

## See Also

- https://folio.openlegalstandard.org/RB3CeX8HCF8QT9uBKPYSdM8
- https://folio.openlegalstandard.org/RBt3Kyn3iW32LWSjKBgKL9U

**Deprecated:** False

