Trust Corporation - Law Dictionary Search Results
REMIC
REMIC [real estate mortgage investment conduit] : an entity (as a corporation, partnership, or trust) that functions as a vehicle for investment in mortgage obligations and esp. collateralized mortgage obligations and receives favorable
waste
a destructive act by a tenant 2 : a reduction of the value of assets (as in a trust) caused by a failure to exercise proper care or sound judgment in managing them ;esp : a transfer … by a failure to exercise proper care or sound judgment in managing them ;esp : a transfer of corporate assets (as through excessive executive compensation or a merger) for no legitimate business purpose or for less than
Owner
would so receive the same if the same were let at a rack-rent' (see that title), and Kensington Corporation v. Allen, (1926) 1 KB 576. In relation to an industrial undertaking, means the person who, or the … premises in connection with which the word is used, whether on his own account or as agent or trustee, or who would so receive the same if the same were let at a rack-rent' (see that title),
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Support
324. The word 'support' will have to mean sustenance or maintenance, Municipal Corporation of Delhi v. Children Book Trust, AIR 1992 SC 1456: (1992) 3 SCC 390. [Delhi Municipal Corporation Act, 1957 (66 of 1957), s. 115(4)(a),
Administrator
interest arises under the intestacy, administration must be granted to not less than two persons, or to a trust corporation (with or without another administrator). (English) Judicature Act, 1925, s. 160. The oath to be made by an
breach
(as an agent or corporate officer) in carrying out the functions of his or her position breach of trust : a breach by a trustee of the terms of a trust (as by stealing from or carelessly … justification breach of duty : a breach of a duty esp. by a fiduciary (as an agent or corporate officer) in carrying out the functions of his or her position breach of trust : a breach by
Official trustee of charity lands
Official trustee of charity lands, the secretary for the time being of the Charity Commissioners, who is constituted a corporation
voting rights
: the rights of shareholders or directors to vote on corporate matters compare voting stock at stock voting trust at trust … Rights Act in the Important Laws section 2 : the rights of shareholders or directors to vote on corporate matters compare voting stock at stock voting trust at trust
Deposit
CHARGES; NOTICE; RESCISSION; STAKEHOLDER. Includes deposit of money with a bank company, proprietary concern, partnership firm, corporate body, trust or any other person. [Foreign Exchange Management (Deposit) Regulations, 2000, R. 2 (iv)] Defined, means aggregate of the … with a banking company and includes credit balances in any cash credit account. [Deposit Insurance and Credit Guarantee Corporation Act, 1961 (47 of 1961), s. 2(g)] The essence of a deposit is that there must be a
distribution
the payment or transfer to a beneficiary of interest to which he or she is entitled under a trust c : the transfer by a corporation or mutual fund of money or property to a shareholder in
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