Trust director definition

Trust director means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee. The person is a trust director whether or not the terms of the trust refer to the person as a trust director and whether or not the person is a beneficiary or settlor of the trust.
Trust director means a person that is granted a power of
Trust director means that term as defined in section 7703a.

Examples of Trust director in a sentence

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More Definitions of Trust director

Trust director means a person that is granted a power of direction by the terms of a trust to the
Trust director means a person that is granted a power of direction by the terms of a
Trust director means either an investment trust director or a distribution trust director.
Trust director means an organization permitted to exercise trust powers in this state as described in section 1105(2) of the banking code of 1999, 1999 PA 276, MCL 487.11105, or an individual, if that person is granted a power of direction whether or not either of the following applies:
Trust director means a person who is granted a power
Trust director means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee, regardless of whether:
Trust director means an organization permitted to exercise trust powers in this state as described in