Logourl black

Lowest intermediate balance test


A rule applied in cases where funds subject to a constructive trust are commingled with the trustee’s other funds, which imposes the constructive trust on the lowest balance in the account between the time the funds subject to the trust were deposited and the time that the rule is applied.

Related Rules [?]

The related rules section is for members only and includes a compilation of all the rules of law in Quimbee's database relating to this key term.

To access the related rules, please start your free trial or log in.