trust money definition

trust money means money held in trust on behalf of third parties in a trust contemplated in terms of Section 12 of the Act.
trust money means money held or received by a solicitor which is not client's money or conveyancing money and which is subject to a trust of which the solicitor is a trustee whether or not he is the solicitor-trustee of such trust.
trust money means a deposit made by a purchaser in connection with

Examples of trust money in a sentence

  • Money Held in Trust Money held by the Trustee in trust hereunder need not be segregated from other funds except to the extent required by law.

  • Application of Trust Money...............................................................

  • Application of Trust Money.................................................

  • Application of Trust Money...................................................................

  • Application of Trust Money..............................................


More Definitions of trust money

trust money means money received by an approved clerk on account of the legal costs of one or more barristers in advance of the provision of the legal services to which those costs relate;"; and
trust money means money, forming part or all of the assets of a trust, which, for the purpose or in the course of a regulated activity to which this Part applies, a licenceholder holds or receives as, or as agent or nominee of, the trustee of that trust.
trust money means client's money, earnest money, rent, unearned fees, security deposits, or any money held on behalf of another person. "Trust account" means an account managed by one party for the benefit of another in a banking institution authorized to do business in Texas.
trust money means money held or received on account of any person as contemplated by section 78(1) or invested as contemplated by section 78(2) or section 78(2A) of the Act. Words or expressions referred to in these rules which are not defined herein shall bear the respective meanings assigned to them by section 1 of the Act. PART II MEMBERS Records of practitioners and members
trust money means all monies or other consideration received or receivable by any licence holder in the course of carrying on insurance business:
trust money means money held or received on account of any person as contemplated by section 86(2), or invested as contemplated by section 86(3) or section 86(4), of the Act.