Trusts Corporation definition

Trusts Corporation means the corporate body of trustees constituted under this Act under the name of the Presbyterian Church of Victoria Trusts Corporation.
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Trusts Corporation. , in relation to a diocese, means the corporate body of trustees constituted within the diocese under this Act.
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Trusts Corporation means the corporate body of trustees constituted under this Act under the name of the Presbyterian Church of Victoria Trusts Corporation. 3. General Assembly may pass resolution to form corporate body of trusteess. 3The General Assembly may if it thinks fit pass a resolution expressing its desire—
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Examples of Trusts Corporation in a sentence

  • The appointment of the Presbyterian Church of Victoria Trusts Corporation is preferred.

  • Subject to the powers, duties and functions of The Presbyterian Church of Victoria Trusts Corporation under the Presbyterian Trusts Act 1890 as amended by the Presbyterian Trusts (Common Fund) Act 1965 and the regulations there under and subject to the rules of the Church and the Resolutions and directions of the Assembly, the Board shall carry out the duties described in regulations 6-17 of these regulations.

  • The BIF shall take steps to see that any monies held for all or some of the purposes of a congregation that has ceased to exist be forwarded to The Presbyterian Church of Victoria Trusts Corporation to be dealt with by it according to law.

  • The BIF shall:administer the financial affairs of and act as Treasurer of the General Assembly; andbe responsible for the maintenance of all accounting records; andpublish audited accounts for the General Assembly and The Presbyterian Church of Victoria Trusts Corporation annually.

  • Congregational property is held by either the Presbyterian Church of Victoria Trusts Corporation or by trustees under specific terms of trust and subject to the provisions of the Presbyterian Trusts Act 1890 and of rules made by the General Assembly under that Act (refer to Appendix 2, Model Trust Deed).

  • The property of every congregation, unless it is held under an Act of Parliament containing any specific contrary provision, is held by either The Presbyterian Church of Victoria Trusts Corporation or other trustees, and is held under specific terms of trust and subject to the provisions of the Presbyterian Trusts Act 1890 and of rules made by the General Assembly relating to that Act (refer to Appendix Model Trust Deed).

  • Normally, the appointment of The Presbyterian Church of Victoria Trusts Corporation as trustees is preferred (see rules 4:103, 145).

  • The Moderator shall receive an honorarium of 10% of minimum remuneration and the Trusts Corporation / Board of Investment and Finance shall make suitable financial arrangements to meet the Moderator’s expenses during his term of office.

  • Accordingly, if the Moderator-Designate is the minister of a charge, an opportunity shall be given to his congregation to help with the provision of these robes, but, if necessary, the Trusts Corporation / Board of Investment and Finance shall meet the expenses.

  • Congregations and social service activities Any congregation of the church proposing to improve or acquire ownership of real property for the carrying on of a project or activity of a social service nature, shall first apply for and obtain the approval or consent of the presbytery and of the Trusts Corporation and the approval of the Social Services Committee before proceeding.


More Definitions of Trusts Corporation

Trusts Corporation means the Anglican Trusts Corporation for the Diocese of Gippsland.
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Related to Trusts Corporation

  • Gas Corporation means the body corporate established by section 4 of the Gas Corporation Act 1994;

  • Owners Corporation means the Owners’ corporation of the Lot and the Development incorporated and registered under the Building Management Ordinance (Cap.344);

  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • trust corporation means a trust corporation (as defined in the Law of Property Act 1925) or a corporation entitled to act as a trustee pursuant to applicable foreign legislation relating to trustees.

  • Next Michigan development corporation means that term as defined in section 3 of the next Michigan development act, 2010 PA 275, MCL 125.2953.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Clean energy means energy produced from Renewable Energy Resources (as defined below), eligible energy sources, and by means of advanced technologies that cost- effectively capture and sequester carbon emissions produced as a by-product of power generation. For purposes of this definition, “cost” means all those costs as determined by the Public Utilities Commission of the State of Colorado (“PUC”).

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Professional corporation means a corporation incorporated under former 1962 PA 192, or a corporation incorporated under this act and governed by chapter 2A.

  • Condominium Corporation means a condominium or strata corporation established under provincial legislation.

  • Nonprofit corporation means a nonstock corporation organized under ch. 181 that is a nonprofit corporation, as defined in s. 181.0103 (17).

  • Delaware General Corporation Law means the Delaware General Corporation Law, 8 Del. C.ss.100, et. seq., as amended from time to time.

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

  • Eligible Corporation means any domestic C corporation (as defined in section 1361(a)(2) of the Code) other than a corporation which is exempt from, or is not subject to, tax under section 11 of the Code, an entity described in section 851(a) or 856(a) of the Code, a REMIC; or an organization to which part I, subchapter T, chapter 1, subtitle A of the Code applies. The Term "Related Person" means any person that bears a relationship to the Transferee enumerated in section 267(b) or 707(b)(1) of the Code, using "20 percent" instead of "50 percent" where it appears under the provisions; or is under common control (within the meaning of section 52(a) and (b) of the Code) with the Transferee.

  • General Corporation Law means the General Corporation Law of the State of Delaware, as amended from time to time.

  • mariner means a person who is employed under a contract of service either as a master or member of the crew of any ship or vessel, or in any other capacity on board any ship or vessel, where—

  • Asset management means a systematic process of operating and maintaining the state system of

  • Keystone means Keystone Underwriting Pty Ltd ABN 78 601 944 763 as Corporate Authorised Representative (No. 000468712) of Keystone Underwriting Australia Pty Ltd ABN 59 634 715 674 AFSL 518224 which is acting on behalf of Underwriters.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Savings bank means a state banking corporation organized or reorganized under this act.

  • Foreign nonprofit corporation means an entity: