honorary trust

honorary trust
honorary trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

honorary trust
An arrangement whereby property is placed in the hands of another to be used for specific noncharitable purposes where there is no definite ascertainable beneficiary—one who profits by the act of another—and that is unenforceable in the absence of statute.

Dictionary from West's Encyclopedia of American Law. 2005.


honorary trust
An arrangement whereby property is placed in the hands of another to be used for specific noncharitable purposes where there is no definite ascertainable beneficiary—one who profits by the act of another—and that is unenforceable in the absence of statute.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

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  • Honorary Police — Officers of Saint Helier Honorary Police There is an Honorary Police (French: Police Honorifique) force in each of the 12 parishes of Jersey. Members of the Honorary Police are elected by the voters of the parish in which they serve, and are… …   Wikipedia

  • honorary — As applied to public offices and other positions of responsibility or trust, this term means either that the office or title is bestowed upon the incumbent as a mark of honor or compliment, without intending to charge him with the active… …   Black's law dictionary

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