Common use of Fiduciary Accounting Clause in Contracts

Fiduciary Accounting. To decide, despite rules of law, how and in what proportions to credit, change or apportion any receipts or disbursements between principal and income.

Fiduciary Accounting. To decide, despite rules of law, how and in what proportions to credit, credit change or apportion any receipts or disbursements between principal and income.

Fiduciary Accounting. To decide, despite rules of law, how and in what proportions to credit, change charge or apportion any receipts or disbursements between principal and income.