A general term that covers all types of accounts in a trust department, such as estates, guardianships, and agencies. Source: OCC
State Law
Alaska
means an account at a trust company for trust assets Alaska Statutes 06.26.990
Idaho
means an account in the name of one (1) or more parties as trustee for one (1) or more beneficiaries where the relationship is established by the form of the account and the deposit agreement with the financial institution and there is no subject of the trust other than the sums on deposit in the account; it is not essential that payment to the beneficiary be mentioned in the deposit agreement Idaho Code 15-6-101
Indiana
means an account held by a licensee that is:

Indiana Code 28-1-29-1
means an account in the name of at least one (1) party as trustee for at least one (1) beneficiary if:

Indiana Code 32-17-11-14
Kansas
means an account established by the applicant or licensee in a federally insured financial institution used to hold funds paid by consumers to a credit services organization for designation indicating the funds in the account are:

(1) Not funds of the applicant or licensee or its owners, officers or employees; and

(2) unavailable to creditors of the applicant or licensee Kansas Statutes 50-1117
Montana
means an account for real estate trust funds maintained at a depository institution from which withdrawals or transfers can be made without delay, subject to any notice period that the depository institution is required to observe by law Montana Code 37-56-101
means an account:

(a)established by a credit counseling service in a federally insured financial institution;

(b)designated as a trust account or other appropriate designation indicating that the funds in the account are not funds of the credit counseling service or its directors, officers, employees, or agents;

(c)used exclusively for funds paid by consumers to the credit counseling service for disbursement to creditors of the consumers; and

(d)that is unavailable to creditors of the credit counseling service Montana Code 30-14-2003
South Carolina
means a federally insured account where the funds shall be paid to a provider only when the provider furnishes the financial institution with a certified certificate of death and a certified statement that the services have been performed and the merchandise has been delivered South Carolina Code 32-7-10
Tennessee
means an inmate’s trust account administered by the department or by a county jail Tennessee Code 41-21-801
Utah
means an account in the name of one or more parties as trustee for one or more beneficiaries where the relationship is established by the form of the account and the deposit agreement with the financial institution and there is no subject of the trust other than the sums on deposit in the account; and it is not essential that payment to the beneficiary be mentioned in the deposit agreement Utah Code 75-6-101
Virginia
means an account in the name of one or more parties as trustee for one or more beneficiaries where the relationship is established by the form of the account and the deposit agreement with the financial institution and there is no subject of the trust other than the sums on deposit in the account, without regard to whether payment to the beneficiary is mentioned in the deposit agreement Virginia Code 6.2-604
means the account established pursuant to a trust, estate, or other fiduciary relationship that has been established with an association Virginia Code 6.2-1081
West Virginia
means a special account established by a collection agency with a banking institution in this state, wherein funds collected on behalf of a customer shall be deposited West Virginia Code 47-16-2