Actual Receipt. The Custodian shall not be liable for, or considered to be the Custodian of, any moneys represented by any check, draft, or other instrument for the payment of moneys received by it on behalf of the Trust, until the Custodian actually receives such moneys.
Appears in 3 contracts
Samples: Custodian Agreement (Iowa Public Agency Investment Trust), Custodian Agreement (Iowa Public Agency Investment Trust), Custodian Agreement (Iowa Public Agency Investment Trust)
Actual Receipt. The Custodian shall not be liable for, or considered to be the Custodian of, any moneys represented by any check, draft, or other instrument for the payment of moneys received by it on behalf of the Trust, until the Custodian actually receives such moneys, in immediately available funds.
Appears in 1 contract
Samples: Custodian Agreement (Iowa Public Agency Investment Trust)
