Common use of Trust Records Clause in Contracts

Trust Records. Board of Trustees shall maintain such records for the Endowment Care Trust Fund as will evidence the amounts received for deposit, the amounts disbursed and withdrawn, the total amount of Endowment Care Funds held and the location, description, and character of the investments of the Endowment Care Trust Fund. Such books and records shall be open for inspection and audit by any party so designated by the Cemetery Authority.

Appears in 3 contracts

Samples: Endowment Care Cemetery Trust Agreement, Endowment Care Cemetery Trust Agreement, Endowment Care Cemetery Trust Agreement

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!