Trust - Law Dictionary Search Results
Home Dictionary Name: trust Page: 3National trust
National trust. The National Trust for Places of Historic Interest formed under the (English) National Trust Act, 1907 (7 Edw. 7, c. cxxxvi.), and see 9 & 10 Geo. 5, c. clxxxiv., for the purpose of preserving such places....
Unit trust
Unit trust, means the Unit Trust of India established, under section 3 of the Unit Trust of India Act, 1963. [Reserve Bank of India Act, 1934 (2 of 1934), s. 2(g)]...
Trust property
Trust property, the expression 'trust property' in s. 2(p) means the property appertaining to a religious trust, Mahant Ram Saroop Dasji v. S.P. Sahi, Special Officer-in-Charge of the Hindu Religious Trusts, AIR 1959 SC 951 (954): 1959 Supp (2) SCR 583....
Special trust
Special trust, where the machinery of a trust is introduced for the execution of some purpose particularly pointed out, and the trustee is not a mere passive depositary of the estate, but is called upon to exert himself actively in the execution of the settlor's intention; as where a conveyance is made to trustees upon trust to sell for payment of debts. See USES....
Upon trust
Upon trust, means whenever property is transferred upon trust, no beneficial interest is taken by the transferee, though no trust be declared, Stroud's Judicial Dictionary....
Imperfect trust
Imperfect trust, an executory trust, which has not been sufficiently declared or constituted, some-thing remaining to be done to perfect it, will not be enforced inequity if it is purely voluntary; see CONSIDERATION and Re Pryce, Neville v. Pryce, (1916) 86 LJ Ch 383; and see EXECUTED TRUST....
bypass shelter trust
bypass shelter trust : bypass trust at trust ...
trust indenture
trust indenture : a document under which a trust (as one created by the issuer of bonds in accordance with the Trust Indenture Act of 1939) is conducted ...
trust account
trust account : an account opened with a trust company (as a bank) under which an inter vivos or testamentary trust is set up (as for the escrow of funds) ...
cestui que trust
cestui que trust pl: cestuis que trust or: cestuis que trus·tent [-trəs-tənt] [Anglo-French, probably alteration of cestui que use] : the beneficiary of a trust compare trustee ...
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