 common trust fund" means a fund maintained by a bank (as defined in section 104) — (1) exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian...  Internal Revenue Cumulative Bulletin - Page 475by United States. Internal Revenue Service - 1981Full view - About this book
 | United States. Internal Revenue Service - 1967 - 1388 pages
...Federal income taxation under the Internal Revenue Code; (3) in a common trust fund, maintained by the bank exclusively for the collective investment and...moneys contributed thereto by the bank in its capacity as managing agent under a managing agency agreement expressly providing that such moneys are received... | |
 | United States. Internal Revenue Service - 1967 - 1510 pages
...subparagraph (1 ) or (2) of section 9.18(a) of title 12. Since the trust fund is maintained by the bank exclusively for the collective investment and...reinvestment of moneys contributed thereto by the bank hi its capacity as trustee and this is done in conformity •with the rules and regulations, prevailing... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1954 - 964 pages
...to any mortgage so long as it is held in common trust fund maintained by a bank or trust company (1) exclusively for the collective investment and reinvestment of moneys contributed thereto by the bank or trust company in its capacity as a trustee, executor, or administrator; and (2) in conformity with... | |
 | United States. Congress. Senate. Committee on Labor and Public Welfare - 1955 - 1704 pages
...statutes. As used In this regulation the term "Common Trust Fund" means a fund maintained by a national bank exclusively for the collective investment and...moneys contributed thereto by the bank in its capacity as trustee, executor, administrator, or guardian." The purpose of this section is to permit the use... | |
 | United States. Congress. Senate. Committee on Labor and Public Welfare - 1956 - 822 pages
...For purposes of this subtitle, the term "common trust fund" means a fund maintained by a bank — (1) exclusively for the collective investment and reinvestment...moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian ; and (2) in conformity with the rules and regulations,... | |
 | United States. Congress. Senate. Committee on Banking and Currency - 1956 - 406 pages
...Code of 1954, the term "common trust fund" means a fund maintained by a bonk or trust company "(1) exclusively for the collective investment and reinvestment...moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian; and (2) in conformity with the rules and regulations,... | |
 | United States. Federal Housing Administration - 1957 - 32 pages
...mortgage so long as it is held in a common trust fund maintained by a bank or trust company excluisvely for the collective investment and reinvestment of moneys contributed thereto by the bank or trust company in its capacity as a trustee, executor or administrator; and in conformity with the... | |
 | United States. Congress. Senate. Banking and Currency Committee - 1959 - 658 pages
...liquidating agent, or similar official or person thereof or therefor; any common trust fund or similar fund maintained by a bank exclusively for the collective...moneys contributed thereto by the bank in its capacity as a trustee, executor, administrator, or guardian; or any common trust fund or similar fund, established... | |
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