Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, can refer to any person who holds property, authority, or a position of trust or responsibility for the benefit of another, also a trustee can be a person who is allowed to do certain tasks but not able to gain income. Although the strictest sense of the term is the holder of property on behalf of a beneficiary, the more expansive sense encompasses persons who serve, for example, on the Board of Trustees for an institution that operates for the benefit of the general public, or a person in the local government.
A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non-charitable purposes): typical examples are a will trust for the testator's children and family, a pension trust (to confer benefits on employees and their families) and a charitable trust. In all cases, the trustee may be a person or company, whether or not they are a prospective beneficiary.
Trustee is a legal term for a holder of property on behalf of a beneficiary. Trustee, trusty, trustees, trustee system, trusty system, and related terms and phrases containing the homophones "trustee" or "trusty" or the plural forms of these two words, refer to a very wide variety of disparate concepts:
(KT) — The Kentucky Ethics League initiated revitalization efforts Thursday when its board of trustees met for the first time in almost four years, opting to tweak the full name of the organization and starting the process of determining subcommittees to help the entity be more helpful to churches and families.
In 1980 he became the first secretary of the newly-formed Ngāti Awa TrustBoard and would go on to have numerous other leadership roles, including as chair of Te Rūnanga o Ngāti Awa, director of Mātaatua FishingCompany, director of Ngāti Awa Group Holdings, trustee member of Te ...
Walter was a lifelong member of the First Church of God where he served in various capacities including Board of Trustees, Sound Technician, usher and a member of several musical groups utilizing his God-given talents.
Ed Winslow is not only the chairman of the Board of Trustees but also a member of the advisory group for the presidential selection committee and on the selection committee itself ... The trustee-led working groups are not sufficient to move Guilford forward ... groups and happen weekly.
Trustees agreed to start the search for a new president by having three members help find a person or group to show them their responsibilities in searching for a new leader and how to find the best candidate, Board of Trustees Chairman Rodney...
Trustee, in 2019 when the office conducted a probe into allegations that he misappropriated funds as the court-appointed trustee for LandAmerica FinancialGroup in its bankruptcy ... LandAmerica, once one of the largest title insurance groups in the U.S., filed for bankruptcy in 2008 in the U.S.
Missoula CountyPublic Schools trustees approved the district’s strategic plan at a board meeting Tuesday after fine-tuning the document in a committee over the last two months ...Vice chairs Ann Wake and Wilena Old Person, as well as trustee Nancy Hobbins, also were members of the ad hoc committee to review the strategic plan.
... from the bankruptcy of the LandAmerica FinancialGroup, federal authorities said ... In 2019, Matson made false statements concerning allegations that he misappropriated funds as a court-appointed trustee in the bankruptcy of LandAmerica Financial Group, according to court documents.
Trustees on July 13 “arrived to shouts from the group of individuals, (and) a few who aggressively banged on the windows and doors, and as such, it was evident to the Board that these individuals were being disruptive before the meeting could begin,” Shell wrote in an email.