ACT 100
TRUST COMPANIES ACT 1949 (REVISED - 1973)

INVESTMENT OF TRUST FUNDS



Section 16. Trust funds to be kept separate.


All moneys, property and securities received or held by any trust company in a fiduciary capacity shall always be kept distinct from those of the company, and in separate accounts, and shall be so marked in the books of the company relating to each particular trust as always to be distinguished from any other in the registers and other books of account kept by the company, so that at no time shall trust moneys form part of or be mixed with the general assets of the company, and all investments made by the company as trustee shall be so designated that the trusts to which the investments belong can be readily identified at any time.


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