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Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any ...
Accounting staffers within the Trustee's office review all debtor filings, and monitor trustee and attorney fees in all cases. Attorneys employed by the Trustee represent the office in United States bankruptcy court and pursue civil sanctions for some egregious violations of the law in Chapter 7, 12 and 13 cases.
The trustee must also keep adequate records of the administration of the trust generally. [66] All trust property must stay separate from the trustee's own personal property and must not be "commingled." [67] A trustee can hold certain securities, usually publicly traded ones, in a "street name" or nominee registration for ease of management. [68]
A former trustee confirmed that Pete Hegseth “voluntarily resigned” as president of a veterans advocacy group in 2016, according to a copy of a letter exclusively obtained by The Post, denying ...
A trustee has a duty to know, understand, and abide by the terms of the trust and relevant law. The trustee may be compensated and have expenses reimbursed, but otherwise turn over all profits from the trust and neither endebt nor riskily speculate on the assets without the written, clear permission of all adult beneficiaries.
The trustee model of representation is a model of a representative democracy, frequently contrasted with the delegate model of representation. [1] In this model, constituents elect their representatives as ' trustees ' for their constituency .
A trustee is someone who acts on behalf of others, using their knowledge, experience and intelligence upon a certain field. The trustee model contrasts with the delegate model as this time constituents "entrust" their elected representatives to represent them however they see fit, with autonomy to vote and behave in the best way for their ...
Sue Ann Arnall was one of the original nine members of a trust formed in 2019 to operate the Oklahoma County jail. She was the last to leave.