Naked Power - Law Dictionary Search Results
naked power
Matched in: Term naked power
power
Matched in: Term power
trust
the beneficiaries whose interests in the trust are declared to be personal property called also Illinois land trust naked land trust living trust : inter vivos trust in this entry marital deduction trust : a marital trust … grantor trust : a trust that is taxed at the settlor's tax rate because the settlor has the power to control the beneficial enjoyment of the trust, retains a reversionary interest in the trust, has administrative powers
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Possession
law, when lands, etc., have descended to a man, and he has not actually entered into them; or naked, that is, mere possession, without colour of right. The primary meaning is physical control. A second-ary meaning is … obtain, to maintain, Krishna Prasad Jaiswal v. Kanti Gupta, (1996) 1 BLJ 45. Possession, indicates possession with a power of disposal, Bhagchand v. Emperor, AIR 1934 Bom 200: (1934) 36 Bom LR 379. Possession, is a word
owner
: one determined by law to own property [a dispute over who is legal owner of the money] naked owner in the civil law of Louisiana : an owner of property burdened by a usufruct [a usufructuary … the beneficial owner of property held by the parent corporation] 3 : one who has or shares the power to control the voting or investment of stock [was considered the beneficial owner of stock held by her
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