Trust Examiner School eBook

[Type Management Response Here]

66. A list of accounts (other than those invested in real estate) that have liabilities such as outstanding loan indebtedness or other borrowings. Indicate account assets pledged to secure the indebtedness.

[Type Management Response Here]

67. A list of all accounts that contain closely held securities, securities with limited markets, general and limited partnerships, interests in unincorporated business enterprises, and any other unique, or hard to value asset. Provide a description of the method and frequency of the valuation of these assets.

[Type Management Response Here]

68. A list of all Individual Retirement Accounts (IRA’s) that hold unique assets. The IRA accounts should include managed, non-managed and custodial accounts.

[Type Management Response Here]

69. The process for determining that discretionary account investments meet the State’s Prudent Investor Rule, State Statutes ### and ###. A list of all accounts where the department is successor trustee and delegates the investment function.

[Type Management Response Here]