Trustee - Law Dictionary Search Results
Trust for sale
503. Another and more practical consequence was that the whole estate was vested as a rule in the trustees so that with or without consent of any other person as directed by the donor or testator they
Uses
their Common Law rights since uses were devisable. 'Thirdly. Lords lost their wardships, reliefs, marriages, and escheats, the trustees letting the cestui que use continue the possession, whereby the real tenants that held the lands could not
Executor
by the will of the testator of the settlement of which the executor has not been appointed a trustee. [Administration of Estates Act, 1925, s. 23(1)] (3) Under the Trustee Act, 1925, s. 7, replacing and amending
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Trust corporation
corporation, is defined by the (English) Settled Land Act, 1925, s. 117 (1) (xxx.), to mean the Public Trustee or a corporation appointed by the Court or entitled under (English) Public Trustee Act Rules [see the Public
Anticipation
the Court to bind the interest of a married woman, notwithstanding that she is so restrained. And see Trustee Act, 1925, s. 62, and Bankruptcy Act, 1914, s. 52. The Married Women's Property Act, 1893 (56 &
Appointment of new trustees
Appointment of new trustees, See TRUSTEES. It was formerly necessary to inset a full power in instruments creating a trust providing a
Audit
(10 Geo. 4, c. 56); and those of Savings Banks under s. 4, para 6, of the (English) Trustee Savings Banks Act, 1863, and s. 1 of the Savings Banks Act, 1904. By s. 13 of the
Cestui que trust
Cestui que trust, the person (now frequently termed 'beneficiary,' as in s. 62 of the Trustee Act, 1925, who possesses the equitable right to property and receives the rents, issues, and profits thereof, the
Secured creditor
bank or financial institution or any consortium or group of banks or financial institutions and includes, (i) debenture trustee appointed by any bank or financial institution; or (ii) securitisation company or recon-struction company; or (iii) any other
Statutory trusts
share was subject to a settlement and the settlement remains subsisting in respect of other property and the trustees of the settlement are not the same persons as the trustees for sale the settled portion of the
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