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Canada Deposit Insurance Corporation Joint and Trust Account Disclosure By-Law

Version of section 4 from 2011-01-01 to 2019-08-19:

 For the purposes of subsections 3(1) and (2) of the schedule, a depositor that is acting as trustee for a beneficiary must, before the determination date, disclose the following information for inclusion in the records of the member institution:

  • (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.

  • SOR/2010-206, s. 2
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