What are the legalities of the type of bank account where a management company holds an HOA's operating and reserve funds (i.e., separate account). Who is the account owner? Is it a trust account, where the management company is trustee and the HOA the beneficiary? If so, what type of trust? E.g., revocable at will by the HOA/beneficiary? Or is just a regular business account where the business has an authorized agent/bookkeeper/account who has been given certain restricted access to the account? And ... is revocable at will by the HOA?