Canada Deposit Insurance Corporation Joint and Trust Account Disclosure By-Law
Version of section 4 from 2006-03-22 to 2010-12-31:
4 For the purposes of subsections 3(1) and (2) of the schedule, where a depositor is acting as trustee for a beneficiary, the following information is to be disclosed by the depositor on the records of a member institution before the determination date:
(a) a statement that the deposit is held in trust by the trustee or co-trustees; and
(b) the name and address of the trustee, or of each of the co-trustees.
- Date modified: