Sentences with phrase «deposit in a separate account»

Whereas a small business owner may have previously used one account to pay the company's accounts and personal expenses, as a corporate shareholder, he now needs to receive a regular salary from the corporation, deposit it in a separate account, and pay his personal expenses from that account.

A security deposit must be deposited in a separate account (1e), a signed receipt must be given upon receipt of the deposit (2b), the deposit must go in an interest - bearing account with a receipt showing name and location of bank and account number provided within 30 days (3a), also...

For instance, there is nothing in the law about keeping security deposits in separate accounts.

Do you have to keep security deposit in a separate account for every property?

Not exact matches

Zaino advises opening up a separate account and depositing at least 25 percent of those untaxed earnings into the account in order to avoid being caught in the unfavorable position of owing the government more than you can pay.

Now seismologists have identified the «Caldas tear,» which is a break in a slab that separates two subducting plates and accounts for curious features, including a «nest» of seismic activity beneath east - central Colombia and high grade mineral deposits on the surface.

The FDIC provides separate insurance coverage for deposits held in different ownership categories such as single accounts, joint accounts, Individual Retirement Accounts (IRAs) and trust accounts.

Putting aside about 30 % of any money you take in from the business and depositing it into a separate savings account means you will have easy access to any money owing.

However, if you're looking to trade in futures, you'll have to open a separate account that requires a minimum deposit of $ 10,000.

On the last trading day of 2005, $ 100,000 was deposited into the account to purchase approximately equal dollar amounts of ten stocks, each of the largest - cap public company in its respective economic sector per GICS (note that at that time, the currently separate real - estate sector was part of Financials).

Funds deposited with Vantage FX are kept in segregated bank accounts separate from the broker's operational funds.

You pay a deposit, which is held in a separate account, and you are extended a line of credit.

If you already contribute the maximum allowed to the RESP and want to save more, it might make sense to deposit the CCTB and UCCB payments into a separate bank account and use the funds to invest in a diversified portfolio such as the Sleepy Mini portfolio.

Married couples can have separate $ 250,000 accounts (both insured) and a $ 500,000 joint account, for a total of $ 1,000,000 in fully insured deposits.

If the check is drawn on a Nigerian (or other foreign) bank or you look elderly or confused and unused to dealing with banks, a bank teller might refuse to even accept the check for deposit (and especially if you are making a separate withdrawal from your account at the same time) and refer you to a bank officer who will sit you down and discuss the matter in more detail.

But if Joe had deposited the inheritance in a separate account, he might not have to share this money after a divorce.

The FDIC provides separate coverage for deposits held in different account ownership categories.

Debt settlement companies usually advise you to stop making payments to your creditors, and deposit money in a separate account for a future settlement.

By separating your direct deposit into 2 or more accounts you now have an additional barrier to your money which in turn can help you get your hands off your extra dollars.

Your deposit's held in a separate collateral account.

Each has a separate website to create an account, link your credit cards and loyalty account number, and if you spend money at a restaurant in their network, your points or miles will be automatically deposited to your chosen loyalty account.

When the rental monies come in, deposit those to your separate account and do not use the funds for family purposes.

The feature operates in much the same way as Clio's invoicing system, but along an entirely separate accounting stream to keep trust deposits and payments separate from -LSB-...]

Joint checking / savings accounts, separate money deposited in a joint checking / savings account, jointly owned real estate, gifts from one spouse to the other — all are marital.

For example, if one spouse receives a gift of $ 10,000 from her grandmother, she must deposit the funds into a separate bank account in her name only.

An exception exists if you muddied the waters of your separate ownership, such as if you titled a particular asset in joint names or deposited your separate money into a joint marital account.

However, if you and your wife later sell your home and you deposit the proceeds from the sale in this account for safekeeping, you've commingled your separate property with marital money.

Depositing inherited funds in an account that also includes marital funds — proceeds from paychecks or the sale of marital property — could make it difficult for you to prove how much money remaining in the account is owned jointly and how much is separate.

Make sure you keep each unit's security deposit in a separate interest bearing account and that return of the sec deposit includes any accrued interest.

(3) Subject to subsection (4), subsection (1) does not apply to money deposited in a separate trust account maintained by a brokerage for a principal, in which case the interest is to be paid to or in accordance with the instructions of the principal.

594 DOS 01 DOS v. Walker - deposits; failure to appear at hearing; failure to pay judgment; failure to cooperate with DOS investigation; notary public; proper business practices; broker commingles funds by placing deposits in operating account; broker allows escrow account to be overdrawn on numerous occasions; broker uses deposit for separate, unrelated business investment; broker fails to pay judgment without presenting an explanation or excuse for failure to pay judgment; broker fails to cooperate with DOS investigation by failing to respond to and comply with letter directing him to appear for a conference and to provide certain documents; broker fails to notify DOS of new address upon closing office; DOS fails to prove that salesperson improperly held herself out to be real estate broker associated with corporate broker, that the broker made misrepresentations to the purchasers regarding payments they were required to make toward the purchase, that some checks were returned for insufficient funds, that the broker failed to make certain required payments, that the broker properly failed to make certain other deposits and that the broker gave a postdated deposit check which could not be cashed due to insufficient funds; representative broker's and corporate broker's licenses revoked, return of deposits in the amount of $ 400.00 and $ 3,173.83 ordered with interest, civil judgment to be fully satisfied; salesperson fined $ 1,000.00 and notary commission suspended for four months

(a) the holding brokerage must deposit the money into a separate brokerage trust account maintained in the name of the service brokerage;

By license law regulation (19 NYCRR Section 175.1 - «commingling money of principal») deposits are to be made in a separate, special bank account and may not be commingled with monies of the real estate broker.

I get the checkbook control - and I'm well versed in what I can and can not do with the investments - so it can be deposited in a separate checking account only for this i401k.

Section 7 - 1.1 of the Rules also requires that the «Holding Brokerage» deposits the money into a separate brokerage trust account maintained in the name of the «Service Brokerage».

In addition, funds raised by special levy must be deposited into a trust account separate from the operating account and the CRF account.

Also remember that in many states, security deposits must be kept in a separate account and you must pay interest to the tenant.