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ICON ADVISERS, INC. AND TRUST COMPANY OF AMERICA NEW ACCOUNT APPLICATION REQUIREMENTS EFFECTIVE 3/28/13 All account types require ICON's Investment Management Agreement with Trust Company of America
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What is and trust company of?
An escrow and trust company handles funds and documents on behalf of parties involved in a transaction.
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Any entity acting as an escrow or trust company in a transaction is required to file.
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To fill out an escrow and trust company form, the entity must provide details of the transaction, funds held, and other relevant information.
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The purpose of an escrow and trust company is to safeguard funds and documents during a transaction and ensure they are released only when all conditions are met.
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Information such as the parties involved, the amount of funds held, the terms of the transaction, and any conditions for releasing the funds must be reported.
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