liability of a trustee
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trustee — Person holding property in trust. Restatement, Second, Trusts, No. 3(3). The person appointed, or required by law, to execute a trust. One in whom an estate, interest, or power is vested, under an express or implied agreement to administer or… … Black's law dictionary
Trustee — is a legal term that refers to a holder of property on behalf of a beneficiary. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non charitable purposes): typical examples are a… … Wikipedia
trustee — trust·ee 1 /ˌtrəs tē/ n 1: one to whom something is entrusted: one trusted to keep or administer something: as a: a member of a board entrusted with administering the funds and directing the policy of an institution or organization b: a country… … Law dictionary
as trustee — A designation made in the execution of a contract by a trustee, which, in itself, is not sufficient to save the trustee against personal liability on a contract. 54 Am J1st Trusts § 352 … Ballentine's law dictionary
as trustee but not individually — An expression used by a trustee in the execution of a contract which should protect him against individual liability on the obligation. 54 Am J1st Trusts § 352 … Ballentine's law dictionary
Armitage v. Nurse — [1998] Ch 241 is an English trusts law case, decided in the Court of Appeal on the issue of excluding liability for gross negligence of a trustee. Millet LJ gave the leading judgment.FactsMillet LJ summarises the facts at p.248 of the… … Wikipedia
United States trust law — Introduction Most law regulating the creation and administration of trusts in the United States is now statutory at the state level. In August 2004, the National Conference of Commissioners on Uniform State Laws created the first attempt to… … Wikipedia
Dishonest assistance — Dishonest assistance, or knowing assistance, is a type of third party liability under trust law. It is usually seen as one of two liabilities established in Barnes v Addy,[1] the other one being knowing receipt. To be liable for dishonest… … Wikipedia
Bankruptcy in the United States — The United States Constitution (Article 1, Section 8, Clause 4) authorizes Congress to enact uniform Laws on the subject of Bankruptcies throughout the United States. Congress has exercised this authority several times since 1801, most recently… … Wikipedia
Oklahoma Teachers' Retirement System — is the pension program for public education employees in the State of Oklahoma. As of April 30, 2010, the program had nearly 169,000 members.[1] Public education teachers and administrators are required to be OTRS members; support staff can join… … Wikipedia
