Trustee - Law Dictionary Search Results
statutory foreclosure
statutory foreclosure : a foreclosure in which a mortgagee or trustee executes a power of sale given in a mortgage or deed of trust and does so in accordance
stockholder of record
on the books of a company as the owner of stock and who may be an agent or trustee for the true owner
strike down
strike down : annul nullify [the trustee…can strike down transfers "J. J. White and R. S. Summers"] ;esp : to declare (a law) illegal and
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sub nomine
sub nomine [Latin] : under the name of [the testator made him a trustee sub nomine “Charlie Smith”] often used in full or abbreviated form in legal citations to indicate the name
subordinate
of until after satisfaction of another [the equitable assignee will be subordinated to the rights of the assignor's trustee in bankruptcy "J. D. Calamari and J. M. Perillo"]
ipso facto clause
clause ipso facto bankruptcy clause NOTE: An ipso facto clause is invalid under the Bankruptcy Code because a trustee is not bound by any provision or applicable law that is conditioned on the debtor's insolvency.
holder
to the order of the possessor 3 in the civil law of Louisiana : an individual (as a trustee or debtor) or legal or commercial entity that under the Civil Code's provisions for disposition of unclaimed property
surcharge
surcharge 1 : to impose a surcharge on [ a trustee for failing to exercise due care] 2 : to show an omission in (an account) for which credit
cause
good cause for failure to pay child support] [neglect of duty is good cause for removal of a trustee] just cause 1 : cause that a person of ordinary intelligence would consider a fair and reasonable justification
abandonment
damaged or lost property to an insurer as a total loss compare salvage e : relinquishment by a trustee in bankruptcy of interest in property in the bankruptcy estate often for a nominal sum 2 : the
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