Estate & Gift Planning âº Gift Plans âº Deferred Charitable Gift Annuity Deferred Charitable Gift Annuity A deferred charitable gift annuity is a contract between Wharton and a donor providing for the payment of a fixed income to one or two annuitants, payments to begin at a future date chosen by the donor.
(a) Securities account means an account to which a financial asset is or may be credited in accordance with an agreement under which the person maintaining the account undertakes to treat the person for whom the account is maintained as entitled to exercise the rights that comprise the financial asset.
What is PPSA. ï½. Personal Property Securities Act (PPSA) is. federal legislation which came into effect. on 30 January 2012 which changes the way. security interests in personal property. assets is governed. ï½. A security interest is an interest in an asset, that in substance secures payment of a.