Data Source:Laws and Regulations Retrieving System of the Banking Bureau


Titleļ¼š Prohibitory Provisions of Trust Agreement on Funds Received by Electronic Payment Institutions from Users (2015.04.27 Announced)
   1    1.The parties shall not agree that the trustee will guarantee the security of or the minimum return on the trust.
   2    2.The agreement shall not contain any clause that may mislead the users into believing that the trustee manages the trust property on their behalf.
   3    3.The agreement shall not contain any clause that entitles the trustee to the trust benefits, except when the trustee is a co-beneficiary.
   4    4.The agreement shall not contain any other clause that violates the mandatory or prohibitory provisions as provided by law.