Breach of trust definition

Breach of trust means a breach of any duty imposed on a trustee by this Act or by the terms of the trust;

Breach of trust. The provisions of this Section 15 will not apply to any obligation or liability of Party B to the extent that it is not satisfied because under the Master Trust Deed, the corresponding Series Supplement or any other corresponding Transaction Document or by operation of law there is a reduction in the extent of Party B's indemnification out of the Assets of the relevant Series Trust, as a result of Party B's fraud, negligence or wilful default.

Breach of trust means any criminal act or an element of a criminal act by a person, including an act that constitutes or involves misuse, misapplication, or misappropriation of the following:

Examples of Breach of trust in a sentence

• Breach of trust or degradation in quality of services will hamper our Company’s market hold.

• Breach of trust" includes a violation by a trust director or trustee of a duty imposed on that director or trustee by the terms of the trust, this Act or law of this State other than this Act pertaining to trusts.[PL 2019, c.

• Breach of trust proceedings in Bermuda.• In the Matter of the H Trusts (Bahamas): Acting for individual and corporate trustees seeking to retire as trustees from large family settlements set up by a well-known English tycoon.

• These activities include but are not limited to:6.5.1. Breach of trust or dishonesty6.5.2. Acceptance / giving of bribes6.5.3. Conviction of a felony6.5.4. Willful violation of an established policy or regulations6.5.5. Falsification of organisation records6.5.6. Gross negligence or Insubordination6.5.7. Harassment and/or Discrimination6.5.8. Undue and unauthorised absence from duty6.5.9. Deliberate non-performance of work6.5.10.

• If any person referred to in paragraphs 393(1) and (2) (Breach of trust specifically by administrators or other persons) of this Code or an inspector accepting an unlawful request receives a material benefits or demands or promises to receive benefits from illegal request shall be punishable by imprisonment from five to ten years.

More Definitions of Breach of trust

Breach of trust means a wrongful act, use, misappropriation, or omission with respect to any property or fund which has been committed to a person in a fiduciary or official capacity, or the misuse of one's official or fiduciary position to engage in a wrongful act, use, misappropriation, or omission.

Breach of trust means a breach of any duty imposed on a trustee of the trust, as such, by any law for the time being in force.

Breach of trust. ’ means a wrong- ful act, use, misappropriation, or omis-

Breach of trust. ’ means a wrong- ful act, use, misappropriation, or omis- sion with respect to any property or fund which has been committed to a person in a fiduciary or official capac- ity, or the misuse of one’s official or fi- duciary position to engage in a wrong- ful act, use, misappropriation, or omis- sion.

Breach of trust means a violation by a trust director or trustee of a

Breach of trust means a violation by the trustee of any duty which is owed to the settlor or beneficiary.

Breach of trust means a breach of any duty imposed on a trustee or trust practitioner by this Act, common law or by the terms of a trust instrument;