Trust deposits definition

Trust deposits means the client funds held by a state trust company and authorized to be deposited with itself pending investment, distribution, or payment of debts on behalf of the client.

Trust deposits means client funds held by a state trust company and authorized to be deposited with itself as a permanent investment or pending investment, distribution, or payment of debts on behalf of the client.

Trust deposits means the client funds held by a

Examples of Trust deposits in a sentence

• Trust deposits shall be made not later than thirty (30) days after the end of the calendar month in which the sum of the monies collected on the Contract exceeds the amount that is not required to be trusted under Ala.

• Trust deposits that pass from the same grantor to beneficiaries are aggregated for purposes of determining coverage under this section, regardless of whether those deposits are held in connection with an informal revocable trust, formal revocable trust, or irrevocable trust.(3) Separate insurance coverage.

• The Company may, from time to time, direct the Trustee to receive, accept transfers of, and hold as a part of the Trust, deposits or transfers of the funds, deposits, property, assets, and/or accounts of Participants, or employees of any subsidiary of the Company, from a trust which is part of any other qualified defined benefit plan or qualified defined contribution plan of the Company or any subsidiary of the Company.

• The Company may, from time to time, direct the Trustee to receive, accept transfers of, and hold as a part of the Trust, deposits or transfers of the funds, deposits, property, assets, and/or accounts of Participants from a trust which is part of any qualified defined contribution plan of another employer.

• If your account is established as a Xxxxxx Trust, deposits made to your account will be credited to you as trustee for the benefit of the designated account beneficiary.

• The Trust deposits some cash in the Contra Costa County Treasury as funds are contributed to the investment portfolio.

• Deposits Custodial credit risk for deposits is the risk that in the event of a bank failure, Consolidated Trust deposits may not be returned or the Consolidated Trust will not be able to recover collateral securities in the possession of an outside party.

• Trust deposits are insured in an amount up to the SMDIA multiplied by the total number of beneficiaries identified by each grantor, up to a maximum of 5 beneficiaries.(2) Aggregation for purposes of insurance limit.

• The Quarterly Report shall set forth: (a) all distributions toBeneficiaries during the calendar quarter; (b) a summary of the Creditor Trust deposits and disbursements during the calendar quarter; and (c) a status of the liquidation of the Creditor Trust Assets.

• The Trust deposits all funds received in the Treasury General Account and these funds are designated for Trust use through Treasury’s accounting process.Reporting entities that provide goods and services to the public or another government entity should disclose specific information related to their pricing policies.

More Definitions of Trust deposits

Trust deposits means the client funds held by a state trust

Trust deposits in Appendix B shall be reductions of the amounts otherwise payable to the Contractor under Section 10 of this contract, and Contractor shall have no rights to such Trust Deposits except as expressly set forth in Appendix B.

Trust deposits means all funds held by Seller for the benefit of patients of the Facility, whether in trust, for security, for payment of rents or otherwise.

Trust deposits means the client funds held by a state trust company and authorized to be deposited with itself pending investment, distribution, or payment of debts on behalf of the client, depository institution, foreign bank, State bank, or trust company.