Trust Company - Law Dictionary Search Results
trust company
Matched in: Term trust company
Trust corporation
Matched in: Term Trust corporation
fund
established by each state to compensate clients for losses suffered due to their attorneys' misappropriation of funds common trust fund : an in-house trust fund established by a bank trust department to pool the assets of many … the market as a whole by matching its investments to a stock index mu·tu·al fund : an investment company that invests its shareholders' money in a usually diversified group of securities of other companies vul·ture fund :
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trust
Matched in: Term trust
company
Matched in: Term company
Debenture
are those available to mortgagees and those stipulated for and endorsed on the debenture or provided by the trust deed. See also FLOATING CHARGE. This form of security is frequently resorted to by public companies to raise … The word 'debenture' is of ancient origin and appears to have been in use five centuries ago (Palmer's Company Precedents, Pt. III., p. 1); and a document which, though it mentions to security and is only a
Person
endowed only with the status or capacity conferred by the charter or statute of incorporation, see CORPORA-TION; COMPANY; TRUST CORPORATION. It does not include a body of persons. [Representation of the People Act, 1950 (43 of 1950),
Bona vacantia
325, and cases there cited. By the (English) Companies Act, 1929, s. 296, the property of a dissolved company including property held on trust for it shall, subject to the provisions of the Act, become bona vacantia. … (see those titles), which belong to the Crown by virtue of its prerogative. So personal property held on trusts which have failed, or held in trust for a corporation which has been dissolved, belongs to the Crown
trust account
Matched in: Term trust account
Depositary
upon request, restore it to the depositor, or otherwise deliver it, according to the original trust. Means a company formed and registered under the Companies Act, (1 of 1956), and which has been granted a certificate of … Depositary, one with whom anything is lodged in trust, as 'depository' is the place where it is put. The obligation on the part of the depositary is,
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