No, that is not what that means.

Many companies have that requirement for all accounts.

"Cash held in trust" is NOT a routine thing on 10K reports.

It means (literally) that it is held in some sort of trust for some future purpose/event.

Personally, I have never seen it -- EVER -- and I have looked at thousands of 10K's.

So, I do not believe that is a legit answer.

It means something else, but I don't know what.

I suspect it means that it is cash that is held for a particular purpose, and cannot be accessed until some event occurs. Just speculation, but that would make sense.

No, that is not what that means.

Many companies have that requirement for all accounts.

"Cash held in trust" is NOT a routine thing on 10K reports.

It means (literally) that it is held in some sort of trust for some reason.

Personally, I have never seen it -- EVER -- and I have looked at thousands of 10K's.

So, I do not believe that is a legit answer.

It means something else, but I don't know what.

I suspect it means that it is cash that is held for a particular purpose, and cannot be accessed until some event occurs. Just speculation, but that would make sense.