Common use of Trust Imposed Clause in Contracts

Trust Imposed. All money received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other moneys except to the extent required by law.

Trust Imposed. All money received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other moneys except to the extent required by law.

Trust Imposed. All money received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were it was received, but need not be segregated from other moneys except to the extent required by law.