Trump's $175 million bond can stand after attorneys agree to comply with new conditions

According to Monday's agreement, the $175 million will stay as cash in a money market account, Knight Specialty will have exclusive control, but can only use the cash to pay for the bond if needed. The attorney general's office and the court will get monthly account statements.

The agreement will be finalized by Thursday, April 25, and some of the details require Schwab, the managers of the money market account, to agree to the terms.

The agreement between Trump and Knight Specialty Insurance Company cannot be amended without court approval, and Knight will submit to the jurisdiction of the court. The company waived its right of removal and its lawyers agreed to designate an agent to accept service of process in New York.