Section R20-4-303. Separate Trust Account -- A.R.S. § 6-449(C)(3)

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A separate trust bank account required by A.R.S. § 6-449(C)(3) may be established in one or more banks provided that the same are consolidated for accounting purpose, deposits thereto are made promptly, and that individual member records are maintained clearly indicating the equity of the member therein.

Historical Note

Former Rule 3. R20-4-303 recodified from R4-4-303 (Supp. 95-1).

                    
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