Trust Account Rules definition

Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 12.20;

Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 10.26;

Trust Account Rules. If the Distributor receives a Cash Deposit:

Examples of Trust Account Rules in a sentence

• In compliance with the Provisions of Division III of Part XI of the Rules (Trust Account Rules) made under the Provisions of the Legal Practitioners Act 1893, as amended from time to time.

• Revisions after 2007 included proposed changes to the Interest on Lawyer Trust Account Rules (IOLTA Rules) (D.C. Rules 1.15, 1.19, Appendix B, Rule XI Section 20) that were proposed by the Committee, approved by the Board in 2009, adopted by the Court, and became effective August 1, 2010.

• All the evidence received by the court is based on respondent’s testimony, the May 19, 2009 Stipulation As to Facts and Admission of Documents, and the documents admitted into evidence.Count 8: Failure to Maintain Client Funds in Trust Account (Rules Prof.

• Thus, the court finds by clear and convincing evidence that respondent misappropriated at least $4,000 of entrusted funds that he had a duty to maintain on behalf of his client, and by so doing committed an act of moral turpitude in willful violation of section 6106.Count 10: Failure to Deposit Client Funds in Trust Account (Rules Prof.

• Respondent did not respond to the investigator’s letter dated October 29, 2007, and failed to cooperate or communicate with the investigator in connection with the Landry matter.Count 12: Failure to Deposit Client Funds in Trust Account (Rules Prof.

More Definitions of Trust Account Rules

Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 12.1(b) as specified in clause 12.18;

Trust Account Rules. If the Distributor receives a Cash Deposit: the Cash Deposit will be held on trust for the benefit of both the Distributor and the Retailer, to be applied or distributed only on the terms of this agreement, or as otherwise agreed by the parties; the Distributor will establish a trust account with a New Zealand registered bank (the “Bank”) for the purpose of holding the Cash Deposit ("Trust Account"); the Distributor will obtain acknowledgement from the Bank that the Cash Deposit is held on trust on the terms set out in clause 12.24(a) in the Trust Account for the purposes set out in clause 12.24(a) and that the Bank has no right of set-off or right of combination in relation to the Cash Deposit; the Retailer will inform the Distributor of the bank(s) that the Retailer uses for its banking purposes and if the Retailer changes banks; the Trust Account will bear interest at the best on call rate reasonably available from time to time from the Bank. The Distributor will pay the Retailer the interest earned on the Cash Deposit (except for the amount of the Cash Deposit that is Additional Security, in respect of which a charge should be paid in accordance with clause 12.8) on a quarterly basis net of account fees and any amounts required to be withheld by law, unless the parties agree otherwise; if this agreement is terminated, the Distributor will refund any Cash Deposit (less any amount owed to the Distributor plus any interest not yet paid to the Retailer) to the Retailer in accordance with clause 12.17, provided that the Retailer: is not otherwise in default of this agreement; has ceased to be bound by this agreement; and has discharged all obligations under this agreement to the Distributor, including payment of all outstanding amounts under this agreement, and the Distributor will have no other contractual or equitable obligation to return the Cash Deposit to the Retailer otherwise than as set out in this sub-clause (f); and the Distributor will provide the Retailer with an annual report in respect of the operation of the Trust Account if requested by the Retailer. Release of third party security: If this agreement is terminated, the Distributor will release any third party security, provided that the Retailer has met all of the requirements set out in clause 12.24(f).

Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 19.1(b) as specified in clause 19.17;

Trust Account Rules means the rules relating to the establishment and operation of a trust account established and operated by the Distributor in accordance with clause 12.24; Deleted: 20

Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 14.1(b) as specified in clause 14.17;

Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with clause 6.1(b) of schedule 6; Deleted: Supply Deleted: Distributor's Deleted: a meterDeleted: a supply of electricity to an ICP with a predictable energy usage and in respect of which the Distributor’s pricing option for Distribution Services does not require metering data

Trust Account Rules means the rules relating to the establishment and operation of a trust account set up by the Distributor in accordance with paragraph 6.1(b) of schedule 8;