The trustee must also keep adequate records of the administration of the trust generally.UTC Section 810(a). All trust property must stay separate from the trustee's own personal property and must not be "commingled."UTC Section 810(b) & comment, pp. 137-38. A trustee can hold certain securities, usually publicly traded ones, in a "street name" or nominee registration for ease of management.Id., Section 810, comment, p. 138 However, they are still subject to the rule that such securities must be "earmarked" specifically in records to a specific trust account.
