What if the Custodian becomes insolvent?
The Custodian is required to segregate the relevant Trust’s bullion from any other bullion which the Custodian owns or holds for other parties. In the unlikely event that the Custodian becomes insolvent, the Trustee will have rights to reclaim all bullion held by Custodian on behalf of the Trust from the Custodian administrator or liquidator or by petitioning the Court.