Trustees Act definition
Examples of Trustees Act in a sentence
Most educational institutions, hospitals, cemeteries, and religious organizations are exempt from Supervision of Trustees Act requirements.
The investment of trust assets must comply with Part III of the Trustees Act.
All duties under the Trustees Act, Chapter 337 of Singapore, are excluded other than those that apply to bare trustees and the Bank’s sole duties and obligations in respect of the custody of Custody Property are as specified in this Part.
In addition, the Trustees shall have all indemnities conferred upon trustees generally by law and by the Trustees Act ▇▇▇▇.
Notwithstanding the provisions of subsection (1) of Section 3 of the Trustees Act, R.S.O. 1990, c.
This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, provided, however, that is the intention of the Parties that Illinois virtual representation shall apply to this Agreement and that this Agreement shall qualify as a valid and binding nonjudicial settlement agreement as described in Section 16.1 of the Trusts and Trustees Act (760 ILCS 5/16.1).
For avoidance of doubt, sections 41M and 41N of the Trustees Act (Cap.
The Series 1 Bonds qualify as securities in which trustees and pension fund administrators may invest under the Trustees Act and the Pension Reform Act Cap P4 LFN 2004 respectively.
Without prejudice to the powers, authorities and discretions of the Trustee under the Trustees Act, the Trustee may act upon any advice of or information obtained from the Manager or any bankers, accountants, brokers, legal advisers, Approved Valuers, Stockbrokers, agents or other persons acting as agents or advisers of the Trustee or the Manager and the Trustee shall not be liable for anything done or suffered to be done or omitted to be done in reliance upon such advice or information.
The retirement or removal of the Security Trustee shall not become effective until a successor trustee is appointed, and shall be subject to the provisions of article 20 of the Trusts and Trustees Act (Cap.