Trustee
51Trustee model of representation — The trustee model of representation is a model of a representative democracy. Constituents elect their representatives as trustees (or entrust them) for their constituency. These trustees have sufficient to deliberate and act in favor of the… …
52Trustee Savings Banks Association — The Trustee Savings Banks Association was established in Manchester in 1887. However, throughout its history the Trustee Savings Banks Association failed to act as central provider of administrative functions to small independent savings banks.… …
53trustee de son tort — A trustee by reason of one s own wrong. Morris v Joseph, I W Va 256. One charged as a constructive trustee by reason of his own wrong. 54 Am J1st Trusts § 218. In effect, a trustee ex maleficio …
54trustee ex maleficio — A trustee from wrongdoing; the trustee of a trust arising by operation of law from a wrongful acquisition. A person charged as a constructive trustee because without right he has entered into possession or assumed the management of property… …
55trustee of express trust — A trustee duly appointed or designated, as distinguished from a trustee de son tort or a trustee under a constructive trust. The term includes a person with whom, or in whose name, a contract is made for the benefit of another. Muncie Natural Gas …
56trustee account — noun a savings account deposited by someone who makes themselves the trustee for a beneficiary and who controls it during their lifetime; afterward the balance is payable to the previously named beneficiary • Syn: ↑savings account trust, ↑savings …
57Trustee system (Catholic Church) — The Roman Catholic Church may employ laymen in the administration of ecclesiastical property; when laymen are among the trustees the Church endeavours, to have her own laws and principles carried out, as its trustee system, under canon law. The… …
58trustee stock — trust stock or trustee stock noun That in which a trustee may legally invest trust funds without being personally liable if it should depreciate in value • • • Main Entry: ↑trust …
59trustee company — company that functions as a trustee and often engages in additional banking activity …
60trustee rights — See trustee assignment …
