Commingling Assets Clause Samples
The Commingling Assets clause prohibits the mixing of one party’s funds or property with those of another party. In practice, this means that any assets held on behalf of a client, investor, or third party must be kept in separate accounts or clearly segregated from the holder’s own assets. This clause is essential for maintaining clear ownership records, preventing misuse of funds, and protecting the interests of the asset owner in the event of insolvency or legal disputes.
Commingling Assets. The assets of your IRA cannot be commingled with other property except in a common trust fund or common investment fund.
Commingling Assets. The assets of your ▇▇▇▇ ▇▇▇ cannot be commingled with other property except in a common trust fund or common investment fund.
Commingling Assets. The assets of your HSA cannot be commingled with other property except in a common custodial fund or common investment fund.
Commingling Assets. The assets of the ▇▇▇▇▇▇▇▇▇ ESA cannot be commingled with other property except in a common trust fund or common investment fund.
Commingling Assets. If the Company maintains more than one qualified Plan, the assets of such other qualified plans may be commingled for investment purposes with the assets of this Plan. The Trustee must separately account for the assets of each Plan. Such commingling of assets does not cause the Trusts maintained with respect to the Employers’ Plans to be treated as a single Trust, except as provided in a separate document authorized in Section.
Commingling Assets. Except to the extent prohibited by applicable law, the Board of Trustees may commingle the assets of all Participating Political Subdivisions held by the Board of Trustees under this Agreement for investment purposes in the Trust Fund and shall hold the Trust Fund in trust and manage and administer the same in accordance with the terms and provisions of this Agreement. However, t h e assets of each Participating Political Subdivision shall be accounted for separately.
Commingling Assets. The assets of your SEP IRA cannot be commingled with other property except in a common trust fund or common investment fund.
Commingling Assets. The assets of your CESA cannot be commingled with other property except in a common trust fund or common investment fund.