Trustee: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "One who holds the beneficial interest of something to which it has legal title on {{tag|trust}} for someone else. In English law, a trust has no legal personality distinct fro..." |
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One who holds the beneficial interest | One who holds the [[beneficial interest]] in something to which it has [[legal title]] on {{tag|trust}} for someone else (that someone else being a [[beneficiary]]. In English law, a [[trust]] has no [[legal personality]] distinct from the trustee who constitute it; in America and other far-flung places the trust itself (as distinct from its trustees) may sue and be sued. | ||
Revision as of 15:34, 6 September 2016
One who holds the beneficial interest in something to which it has legal title on trust for someone else (that someone else being a beneficiary. In English law, a trust has no legal personality distinct from the trustee who constitute it; in America and other far-flung places the trust itself (as distinct from its trustees) may sue and be sued.