Trust business definition

Trust business means the business of acting as trustee, executor or administrator;

Trust business means the holding out by a person to the public by advertising, solicitation or other means that the person is available to perform any service of a fiduciary in this or another state including, but not limited to:

Trust business means the business of a company holding itself out to the public as a fiduciary for hire or compensation to hold or administer accounts. The term includes:

Examples of Trust business in a sentence

• In addition to the Annual Meeting referenced above, the Trustees shall have at least two regular meetings each year to consider and approve grants and to conduct such other Trust business as the Trustees may designate.

• In accordance with the Bylaws of the Teacher Compensation Trust, the Trustees may authorize reimbursement of a Trustee’s employer for the cost of hiring temporary employees and substitute teachers during the absence of a Trustee from his job to perform Trust business.

• Act in a professional manner while present at meetings or hearings where under contract to record Islands Trust business.

• When it is necessary for an employee to use his private vehicle to enable him to perform assigned duties on Trust business, he shall be reimbursed in accordance with Administrative Policy # 338, Use of Private Vehicle For Trust Business.

• Employees who is authorised by the employer to use their own vehicle on Trust business.

More Definitions of Trust business

Trust business means acting as a fiduciary or in other capacities permissible for a trust institution under G.S. 53-331.

Trust business means the activities described in subsection 2(1)(a) of the Law when carried out by way of business and not exempt from regulation under any of the provisions of section 3 of the Law;

Trust business means the trusts, executorships, administrations, guardianships, conservatorships, and other representative capacities at the Company Bank’s banking and trust offices.

Trust business means, except as provided in Subsection (1)(c), a business in which one acts in any agency or fiduciary capacity, including that of personal representative, executor, administrator, conservator, guardian, assignee, receiver, depositary, or trustee under appointment as trustee for any purpose permitted by law, including the definition of "trust" set forth in Subsection 75-1-201(55).

Trust business means the business of acting as executor, administrator, guardian or conservator of estates, assignee, receiver, depositary or trustee under the appointment of any court, or by authority of any law of this or any other state or of the United States, or as trustee for any purpose permitted by law.

Trust business means the holding out by a person to the public by advertising, solicitation, or other means that the person is available to perform any service authorized pursuant to section 11-109-201, including acting as a fiduciary.

Trust business shall have the meaning set forth in Section 3.24.