Trustee

  • 101Public trustee — The public trustee is an office established pursuant to national (and, where applicable, state or territory) statute, to act as a trustee, usually where a sum is required to be deposited as security by legislation, where courts remove another… …

    Wikipedia

  • 102bankruptcy trustee — n: trustee in bankruptcy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. bankruptcy trustee …

    Law dictionary

  • 103custodian trustee — England, Wales Not to be confused with a custodian, a custodian trustee is a trustee who has the limited function of holding trust property. The trust property is vested in the custodian trustee (meaning that the legal title to the property is… …

    Law dictionary

  • 104United States Trustee — an agent of the U.S. Department of Justice appointed to assist in bankruptcy cases. The U.S. Trustee administers many of the duties of the court including appointing committees, appointing trustees and examiners, scrutinizing bankruptcy documents …

    Glossary of Bankruptcy

  • 105election of trustee — In a Chapter 7 case, the creditors have the option to elect a trustee, at the meeting of creditors, to replace the interim trustee. For such an election to occur, creditors representing at least 20% of the claims must request a vote and a… …

    Glossary of Bankruptcy

  • 106co-trustee — n.    a trustee of a trust when there is more than one trustee serving at the same time, usually with the same powers and obligations. Occasionally a co trustee may be a temporary fill in, as when the original trustee is ill but recovers. The co… …

    Law dictionary

  • 107Indiana Township Trustee — A Township Trustee is an elected official in the local government of the U.S. state of Indiana. A township trustee administers a township, which in Indiana is the primary political subdivision of a county, and in common with most other state… …

    Wikipedia

  • 108Private trustee — is a position set up through a Trust Indenture, a private agreement, between the Settlor of a Trust and the Trustee (Reference: United States Constitution Article I, §10). Even though this position was established long before 1634, no records can …

    Wikipedia

  • 109permanent trustee — in the Scots law of insolvency, the person appointed in a sequestration by the court to administer the insolvent estate. This may be done before sequestration is awarded if there is cause when the person is an interim trustee and, indeed, until… …

    Law dictionary

  • 110bare trustee — ➔ trustee * * * bare trustee UK US noun [C] UK ► LAW a person or organization that holds money, property, or other assets for someone only until the time they have the right to own it themselves: »You could buy the house for your grandson and… …

    Financial and business terms