Trustee Designation Clause Samples
Trustee Designation. Unless you provide the Bank with a court order or other legal written agreement governing a fiduciary account, any account which you open as “trustee for” or “trust for” shall be governed by Section 36a-296 of the Connecticut General Statutes. Briefly, such an account means that you, as trustee, have control of the funds during your life. If you die before the beneficiary, the trust terminates and the funds vest in the person named as beneficiary. You may, as trustee, pledge an account of this type as collateral for a loan. This account is often called a ▇▇▇▇▇▇ Trust Account. To open this account, you must include your social security number on the signature card. When opening this account, the Bank may require that you provide the name, date of birth, address and social security number of the beneficiary.
Trustee Designation. The Participating Employer agrees to use the same Trustee as is designated on the Trust Declaration under the Agreement, except as provided in a separate trust agreement.
Trustee Designation. [A](10.01) Self-Employed Individual.................1.08(1.02) Trust Fund..............................1.22(1.05) Service..................................1.26(1.06)
Trustee Designation. [A] (50) Trust Fund..............................................................................................1.22 (5) Weighted Average Allocation Method....................................................................14.12 (77) Year of Service for Eligibility Purposes................................................................2.02 (12) Year of Service for Vesting Purposes....................................................................5.06 (27)