Legal-Explanations.com - Legal resources in plain English
Legal-Explanations.com Home > Legal Definitions
 

Commingling

The illegal act of mixing funds belonging to one party with that of another by a person who is responsible for the management of funds for that party for their own personal benefit.Spouses and business partners can do this under specified conditions.People like trustees, guardiand or lawyers managing someones funds have no right to commingle funds.

 
Legal-Explanations.com Home
About us | Contact us | Privacy | Terms of service

2004 - 2007 Legal-Explanations.com. All rights reserved