167
CurrentDefinitions for div 5
Part 14Provisions about land trusts
Division 5Freezing accounts of land trust
167 Definitions for div 5
In this division—
account, of a land trust, means—
(a)
an account, with a financial institution, in the land trust’s name or in which the land trust has an interest; or
(b)
another account to which trust money is deposited.
holder, of a land trust’s account, means the land trust or other person authorised to operate the account.
trust money means any amount that is trust property.
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