How To Use Trustee In A Sentence
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Martha became a trustee because she wanted the perspective of a professional educator on the board.
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However, the trustees do have a responsibility to ensure that the centre's income is deployed in the most effective manner.
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The city emerged from trusteeship under a new mayor, but he too cooked the books and monkeyed with zoning for his own ends.
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It also required the merged company to maintain its existing negotiating practices and appoint a trustee to oversee its performance and report back to MOFCOM.
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Lofty numbers bedazzle authorizers and lure fat checks from foundations and trustees.
The Saint (and Scourge) of Schools «
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• Contracts should be structured as three-way trust relationships where possible, with the government as settlor, the contractor as trustee, and the affected population as beneficiary.
David Isenberg: Outsourcing War and Peace: Part 5
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The board of trustees approached him and asked where it had gone.
The Sun
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All persons so committed may be detained n. 'jt'feci'maTbe in said hospital two years; but when it shall appear to the detained two trustees that any person held in said hospital will not continue to be subject to dipsomania or inebriety, or will be sufficiently provided for by themselves or their guar - dians, relatives or friends, they may issue to them a permit to be at liberty, upon such conditions as they deem Permit to be at
Acts and resolves passed by the General Court
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The 19 panel members, including Jiles, were chosen from among the Coordinating Board members, university regents and trustees, college administrators and community leaders.
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Trustees have a fiduciary duty to act in accordance with the trust deed and for the benefit of the beneficiaries.
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The property vests in the trustees
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People become charity trustees for myriad reasons, often wanting to give something back to society.
Times, Sunday Times
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Anyway, the BIG story here is that one honest woman was able to do what pack of university trustees and fellows and so on couldn't or wouldn't do: stop ND's pell-mell pursuit of cozy relations with the politically correct even when it means honoring abortionism's standard bearer.
Former Laetare Medalist to deliver address at Notre Dame's commencement
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As its name suggests, a discretionary will trust gives the trustees complete control over when the beneficiaries inherit.
Times, Sunday Times
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With encouragement from Formosan Chinese … the trustees have for several months conducted a drive to collect petitions for transfer to Formosa.
How Wars end
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From what you've seen as both founder and trustee, can you discern where art-philanthropy might be heading?
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But, with resources draining away and the lease on the building set to expire in June, the board of trustees decided to make the youth workers redundant and close the club down in March.
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In the end, that was what this arrangement depended upon, that the putative trustee should acquire the property beneficially and be discharged of its obligations.
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At Tuesday night's regular PUSD board meeting, former CCCS board president Melissa Dewell addressed the district trustees, asking them to intervene in what she calls the ruin of what CCCS parents worked hard to build.
Paradise Post Most Viewed
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After retirement he was chairman of the trustees supervising the definitive edition of the music of Berlioz.
Times, Sunday Times
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He said: 'We would recommend that charity boards and trustees are transparent.
Times, Sunday Times
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If the bond is publicly marketed, a trustee is named to monitor and ensure compliance with the terms of the indenture.
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The donor appoints trustees who can decide when the assets are distributed to the beneficiaries.
Times, Sunday Times
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At a later phase, the British Empire decided, with the approval of the League of Nations, to postpone or freeze (but not to annul!) the mandate decision (that is, the trusteeship) in eastern Palestine (current-day Jordan) and work to implement the decision in western Palestine only – that is, to settle Jews there urgently and densely.
On Thursday, the Legg report will be published along with...
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When he began to make money, he went over to the Church and took the plate round at collecting time, and got to be a sidesman, and a trustee, and I don't know what all.
VC — A Chronicle of Castle Barfield and of the Crimea
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To ensure that the bank's loan book is removed from the national balance sheet, the golden share will be controlled by independent trustees.
Times, Sunday Times
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Registering trustees are required to report the aggregate amount of funds under supervision and the names of the trusts.
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Mobile sales trusteeship system source code, phone card sales, management and accounting statistics.
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A letter of wishes can be sent to the trustees of the pension scheme by Peter clearly indicating that he wishes Jane to receive all benefits payable in the event of his untimely death.
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This was a very generous offer but when offered such a gift, our board of trustees considers it against strict acquisition criteria.
Times, Sunday Times
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The chair has to communicate the frustrations of the active trustees to the nonactive trustees in order to stimulate their participation in board activities.
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The Trustee consented and I ruled that the matter could proceed, on the basis that the claim for equalization would be exigible only as against the pension.
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In its efforts to become the safest, most reliable backgammon room online, Play65 has formed an objective and independent Board of Trustees, designed to clean the backgammon room from its cheaters, mainly those who create an unfair advantage using computerized aiding tools, known as backgammon bots.
WebWire | Recent Headlines
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If payment is in cash, then the trustee will select bonds by lottery and use the cash to redeem them at par.
Principles of Corporate Finance
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He was chosen the first solicitor of the city, and a member of the first board of trustees of the public library.
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George S. Hillard, a most faithful and serviceable friend, -- not only to Hawthorne during his life, but afterwards as a trustee for his family, and equally kind and helpful to them in their bereavement, which is more than could be said of all his friends, -- especially of
The Life and Genius of Nathaniel Hawthorne
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The official receiver thereupon became receiver and manager of his estate under Section 287 of the Insolvency Act 1986 pending the appointment of a trustee.
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The trustees present three projections, based on pessimistic, middle-of-the-road and optimistic economic assumptions, respectively.
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The settlor may designate whomsoever he wishes and vest in that person the power to appoint succeeding trustees, though sometimes the power is placed with the cestui que trust and sometimes with the settlor.
The Catholic Encyclopedia, Volume 15: Tournely-Zwirner
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But some interviewed expressed concern that a younger patron may lack familiarity with an organization's priorities, which could turn problematic given that a trustee is often vested with executive-hiring approval, financial responsibilities and, in the case of museums, the acquisition of artwork.
Cultural Boards Get Younger Look
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After the expulsion of the master, the Twentieth School fell upon evil days, for the trustees decided that it would be better to try "gurl" teachers, as Hughie contemptuously called them; and this policy prevailed for two or three years, with the result that the big boys left the school, and with their departure the old heroic age passed away, to be succeeded by an age soft, law-abiding, and distinctly commercial.
Glengarry School Days: a story of early days in Glengarry
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Qaiser Ahmed Shaikh who is known as MNA and leader of independent group of National Assembly 1997-99, President Karachi chamber of Commerce and Industries 1987-88, Member Board of Trustees of National University of Computer
WN.com - Articles related to India eyeing Africa, Latin America for exports: Scindia
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To back up its powers of scrutiny it can compel witnesses to provide information, freeze assets, suspend trustees and, in the final resort, dissolve a charity.
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'You're a sidesman and a trustee, and the Lord alone knows what all.
VC — A Chronicle of Castle Barfield and of the Crimea
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the board of trustees divested $20 million in real estate property
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To segregation he opposed the idea of trusteeship, not for the benefit of the trustee but for the benefit of the ward.
The Rise of the South African Reich - Chapter 7
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It seems that HSUKFF's institutional investor base, low-key private interventions in companies, a number of changes to the fund name over the years, and often hard-to-spot disclosable holdings (the wider Hermes Group or even the BT Pension Scheme Trustees are sometimes recorded as the 'notifier') have all probably contributed to the fund being largely invisible to private investors.
Fool.co.uk - Headlines
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The average length of a turnpike road was 30 miles, and the number of trustees varied from 15 to 237.
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She has an AB from Smith College, where she currently serves on the board of trustees, a Master's in Divinity from Harvard University, a JD from the University of Louisville School of Law, and an MFA in Writing from Spalding University.
Tori Murden McClure biography
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After a public confrontation with the janitor over a thermostat setting, the trustee was asked to come to the next elder board meeting.
Christianity Today
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Anyway, the BIG story here is that one honest woman was able to do what pack of university trustees and fellows and so on couldn't or wouldn't do: stop ND's pell-mell pursuit of cozy relations with the politically correct even when it means honoring abortionism's standard bearer.
Former Laetare Medalist to deliver address at Notre Dame's commencement
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He says the Pension Funds Act should require that trustees have the qualities of honesty and integrity, the competence to fulfil the duties of a trustee, a minimum academic qualification, such as matric, and some relevant experience.
Persfin
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No doubt the trustees and senior executives are worthy people - their biographies suggest they are.
Times, Sunday Times
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The secret of freedom will be found in the individual 'making himself the depository of the powers respecting himself, so far as he is competent to them, and delegating only what is beyond his competence, by a synthetical process, to higher and higher orders of functionaries, so as to trust fewer and fewer powers in proportion as the trustees become more and more oligarchical.'
Barack Obama's new line: "Yes we can."
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The Trustee endorsed the bill of exchange in favour of Sealark.
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Acting in a fiduciary capacity, the trustee is primarily concerned with preserving the rights of the investor.
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-- one of the cherubic little babes in her own room F 'sauced' a Trustee?
Daddy-Long-Legs
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The evidence is clear that the Trustees of the Trust never held meetings, operated no bank account, filed no income tax trust returns, and never accounted to the beneficiaries.
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However, before concluding that the Spill Trustee Council has violated its fiduciary duty as trustee, another explanation should be considered.
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In most cases the trustee is a commercial bank or investment banker.
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It was my privilege and honour, as trustee of the fund, to welcome the guests and chair the proceedings.
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A petition of Hezekiah May, respecting a claim to land belonging to the es - tate of the late Elias Boudinot, was overtured, and being read, was referred to the trustees of the General Assembly, and the trustees were directed to deter - mine the case according to the principles of justice and equity.
Minutes of the General Assembly of the Presbyterian Church in the United States of America
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Generally speaking, a trustee administers a trust, which Black's Law Dictionary defines as a property interest held by the trustee at another's request (the settlor) for a third party's benefit (beneficiary) according to the trust's terms or those of any relevant will if the trust is created in that document.
So You Want To Be A Trustee?
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So rapacious were some accountant trustees, in contradistinction to legal practitioner trustees, that bankruptcy trusteeships were referred to in parliament and in the press as ‘legalised robbery’.
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No doubt the trustees and senior executives are worthy people - their biographies suggest they are.
Times, Sunday Times
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The court also has a power to appoint new trustees and to remove a trustee for unfitness or misconduct.
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Museum directors and trustees are required to honor the letter and spirit of benefactors' wishes.
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Under a trust for sale the trustees obviously can sell, and they are given by statute a discretionary power to retain.
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Pursuing mortgage servicers for improper filings is an important new "prong" of the trustee program's efforts to oversee the flood of bankruptcy cases following the mortgage crisis, Clifford White III, director of the program, said in an August speech.
Trustees Probing Mortgage Handlers
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The trustee sought a renewal for the children and the lessor refused to grant the lease to the children.
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Lawyers and trustees have statutory and other legal obligations but are still fiduciaries.
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Even without the terms of a trust deed, an indemnity would arise, naturally, from the Trustee's office, Octavo Investments v Knight, for example.
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In August 2003 the museum approached the Attorney General to ask whether he has the power to authorise the museum trustees to restitute in the case of Nazi-era spoliation.
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In other cases, the request comes from a bankruptcy trustee.
Christianity Today
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When this was not done the judge ordered a receiver to be appointed as an officer of the court in place of the trustees.
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The second limb is concerned with what, for want of a better compendious description, can be called the liability of an accessory to a trustee's breach of trust.
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P.S. -- We have chosen twelve Trustees, all of whom are members of our church, whose names are specified in the title; the title proved and recorded in the Secretary's office of this island.
History of the First African Baptist Church, From its Organization, January 20th, 1788, to July 1st, 1888. Including the Centennial Celebration, Addresses, Sermons, Etc.
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Under a trust for sale the trustees obviously can sell, and they are given by statute a discretionary power to retain.
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The long-list of candidates who are agreed for the first round will be interviewed by the headhunters, and on the basis of those interviews we put forward a shortlist of candidates for consideration by the trustees.
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Certainly not the Board of Trustees," came the counterargument ," and certainly not your father.
SUDDENLY
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Union officials are hopeful that a solution will be found that is acceptable to the trustee by November 17, the latest deadline to be set by the High Court judge looking at the case.
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The regulator declined to examine internal emails, invoices, payroll documents and minutes from the meetings of trustees.
Times, Sunday Times
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He was still the tenant in 1398; judging from a 1403 feoffment, he may have been holding as a trustee for the dower rights of Gile's widow, Margaret.
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The members and trustees wish to create a new Guinness record with the themes, ‘Forging ahead with elephantine strength’ and ‘Lighting lonely lives.’
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The present trustees could never be accused of lacking ambition.
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The abbey and college are also Ryedale's second largest employer and trustees are asking planners to consider the benefits to the local economy.
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None of the trustees had experience of youth work, ostensibly the core business of the charity.
Times, Sunday Times
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This was a very generous offer but when offered such a gift, our board of trustees considers it against strict acquisition criteria.
Times, Sunday Times
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The tripartite agreement between Carmarthenshire County Council, the National Assembly and the Millennium Commission will now be presented to the attraction's board of trustees.
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He submits that assets which become the property of the Trustee do not revert to the Bankrupt upon the Bankrupt's discharge.
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The chairman addressed the board of trustees
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A meeting of trustees will be held at the Bird in Hand next Friday to discuss the future and take the decision to close.
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These trust deeds usually contain an expert clause about the remuneration of the trustee appointed under the deed.
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Advancing Sohu actively " mainstream media platform " chairman of Sohu trustee bureau holds presiding apparitor Zhang Chaoyang concurrently to be concealed none right " announcement " support.
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Lawyers and trustees have statutory and other legal obligations but are still fiduciaries.
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The trustee's job is to liquidate bankrupt companies to repay bondholders.
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As the bailee recovered the whole value of the goods, the old reason, that he was answerable over, has in some cases become a new rule, (seemingly based on a misunderstanding,) that the bailee is a trustee for the bailor as to the excess over his own damage.
The Common Law
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Progressive opinion seems to be moving towards trusteeship as a solution.
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In other cases, the request comes from a bankruptcy trustee.
Christianity Today
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This is certain to give the new board of trustees a legal edge over its competitors.
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The bank wanted answers and the trustees more medical tests.
AN UNLIKELY COUNTESS: Lily Budge and the 13th Earl of Galloway
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Each year a report is produced by the trustees of your pension scheme and every three years there is a valuation by actuaries, who analyse financial risk.
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The overseer was asked to construct a frame ‘for ascertaining the proper form of the Road’ and the trustees requested that the contractor should ‘make a small Part of the Road shewing three different Slopes, when the same would be fixed’.
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I've spoken to thousands of company chairmen and chief executives over the course of a career, but barely a single trustee chairman.
Times, Sunday Times
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He arrived with letters of introduction written by G L Rives, a trustee of Columbia College who had been a wrangler at Cambridge in 1872.
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The corporation shall have a common seal and the affixing of the seal shall be authenticated by the signature of the trustee.
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A spokesman said that the board of trustees wished to take'a full artistic evaluation of the company' that could involve redefining the role.
Times, Sunday Times
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SB 70 allows a trustee to release power and convert a trust into a unitrust.
Kansas City infoZine Headlines
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Employers and pension fund trustees have been warned to think carefully about how to navigate the law changes on pensions.
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He is on a board of trustees that hires the palace out to help with running and repair costs.
The Sun
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In the meantime, there is a clause in the will that allows the trustees to allocate money from the fund to the guardians for any financial requirements that may arise from rearing the children.
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Sweetheart, your trustees aren't the only fount of dough.
COMPULSION
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n been sold under a contract of conditional sale reserving title poss°s'sfon in the vendor, may be attached as if unencumbered; and the mortgagee, pledgee, lienor or conditional vendor, or his assigns, may be summoned in the same action in which the property is attached as the trustee of the mortgagor, pledgor, lienee or conditional vendee, or his assigns, to answer such
Acts and resolves passed by the General Court
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Now, Hardin, the Board of Trustees has not barred the establishment of a municipal government on Terminus.
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I am only a simple girl," murmured one of the orphans, with a nervous blush; "but does not a recent statute give trustees power to invest the funds of their _cestui que_ trusts in securities yielding a larger return than 2¾ Goschens?
Punch, or the London Charivari, Volume 100, April 4, 1891
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However, one of the trustees of the pension fund at Irish Sugar insists that there is no immediate cause for concern.
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While this takes place, trustees remain in control of the scheme and payments.
Times, Sunday Times
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The Met’s trustees were afraid it would provoke public outrage and Bryson Burroughs, its director, thought Picasso a madman.
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The expression of your wishes in an informal letter to the trustees and guardians is often an easier way of ensuring your children are brought up as you would wish.
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Executors or trustees are fiduciaries - agents legally responsible for managing property for the benefit of another individual or a group.
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The red tape jungle was built into the Act to protect the Crown -- the people of Canada if you like, from the dangers inherent in trusteeship and to protect the Indians from being hoodwinked out of their land.
Canada's Indian PolicyA Major Review
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It enables any transaction at an undervalue to be avoided by the trustee in bankruptcy, if it was made with the intention of defeating the claims of creditors.
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They call it "trusteeship" - the trade union equivalent, according to Steve Early, of martial law.
LA IMC
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Once the global Citizen's Dividend is comprehended, negotiated and operative, it must be held in "trusteeship" by each of us and would lead to 'species environment friendly' governance, and a sustainable age of biospheric performance.
GEONOMICS: Meet the Minimum Needs of All (MMNA)
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The trustees were not available for comment yesterday.
Times, Sunday Times
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Constitution for the people of the United States to "dispose of" their public lands, and I think I may venture to assert with confidence that no case can be found in which a trustee in the position of Congress has been authorized to "_dispose of_" property by its owner where it has been held that these words authorized such trustee to give away the fund intrusted to his care.
A Compilation of the Messages and Papers of the Presidents Volume 5, part 4: James Buchanan
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Being tsarina, I'd require all 401 (k) trustees to sit through a course on their responsibilities.
Burned!
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If a representee does not elect to avoid a voidable contract, the representor is not a constructive trustee of property transferred under the contract, and no fiduciary relationship exists between him and the representee.
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We hope that the sentence will stand as a stark warning to anyone considering abusing the special responsibilities of charity trusteeship.
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In exchange for this uneasy alliance, the United States had agreed to help establish decolonized protectorates, or “trusteeships,” after the Japanese defeat, with the hope that these would eventually evolve into independent democratic nations.
A Covert Affair
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Its faculty and students included many antislavery firebrands, and a series of public lyceum debates soon gave Lane such a reputation as a hotbed of activism that in 1834 the trustees forbade further discussion of the matter.
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Trustees who run the facility are trying to raise £800,000 to build a roof so it can be used all year and generate more cash.
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The crowd jeered when the trustees refused to hear arguments about Hall's exclusion.
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The donor appoints trustees who can decide when the assets are distributed to the beneficiaries.
Times, Sunday Times
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The regulator declined to examine internal emails, invoices, payroll documents and minutes from the meetings of trustees.
Times, Sunday Times
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Parents can appoint themselves as trustees for extra peace of mind.
Times, Sunday Times
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While Hampton has always been "undenominational," both its faculty and board of trustees have contained in abundance not only members of the Episcopal Church, but men and women of the highest and noblest type, creating an atmosphere in which the common and vulgar simply could not exist.
History of the Afro-American Group of the Episcopal Church
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This is because pension trustees have a lot more discretion on deciding the exact definition of a ‘dependant’ in this situation.
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Court cases have been launched the world over by the American trustee in an attempt to recoup the losses.
Times, Sunday Times
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The Board of Trustees thinks it's entitled to speak for the whole community when it defends him.
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Once you are made bankrupt you cannot intermeddle in the property because the property is then in the hands of the trustee for the benefit of the creditors.
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He was investigated but not even warned to change his living style and he lived here in peace for another two years before he had to go back to Colorado to arrange a cost of living allowance from his tight-fisted estate trustee.
Deported
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The firm will likely be placed under court receivership, which would install trustees and freeze all company assets.
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We note that the Trustee released any claim to any property settlement of Mrs. S. which release was filed as an exhibit on the trial.
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It therefore makes sense to appoint an independent trustee.
Times, Sunday Times
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It appears that the trustees' power of delegation cannot be excluded by the settler.
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She has since stepped down from that board, but now serves as a trustee at three nonprofit organisations.
Times, Sunday Times
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But a reluctance to jeopardize the idea of trusteeship has, I think, some effect on how the tribes view the Cobell litigation.
Archive 2003-01-26
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It is admitted that if a receiving order is made there is no property to vest in the trustee and therefore there is nothing to administer.
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If the bond is publicly marketed, a trustee is named to monitor and ensure compliance with the terms of the indenture.
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Bodies wishing to be consulted must leave the umbrella committee established to coordinate activity against the Moscow decision on trusteeship.
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The doctor had vested the advowson of Thame in a committee of trustees.
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It seems to me to follow that, if the company refused to register the transfers, the registered holder would be compelled to hold the shares as trustees for the assignees.
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Where the assets of an estate do not exceed $200,000, the Official Receiver is appointed trustee or liquidator by a summary procedure order.
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They would wait until 1804 before electing plain Samuel as trustee.
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As its name suggests, a discretionary will trust gives the trustees complete control over when the beneficiaries inherit.
Times, Sunday Times
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Offer consultation and trusteeship on auto beauty maintenance and servicing.
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He accordingly confided his estate to a trustee and gave him unusual powers.
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The trustee's job is to liquidate bankrupt companies to repay bondholders.
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The trustee's job is to liquidate bankrupt companies to repay bondholders.
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Equity, which imposed obligations on trustees and fiduciaries, was always a separate entity.
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The powers that are conferred on the trustee, or manager, do not convert the unit trusts into discretionary trusts in the normal acceptation of that term.
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Effective training and appraisal must also become second nature; in a large charity, this should be a condition for becoming a trustee.
Times, Sunday Times
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They meet once a week, and every two months elect a coordinator from among themselves to share collective responsibilities with the managing trustee.
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I shall continue to serve as a trustee.
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When dad died in 2009, his executors and trustees were mum and their solicitors.
Times, Sunday Times
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The trustees were unavailable for comment.
Times, Sunday Times
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Trustees also do extensive work to ensure that the insurance companies they place business with are financially strong and well managed.
Times, Sunday Times
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After a public confrontation with the janitor over a thermostat setting, the trustee was asked to come to the next elder board meeting.
Christianity Today
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The campus adjoins the conservation lands of the Sudbury Valley Trustees and Callahan State Park.
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Each year a report is produced by the trustees of your pension scheme and every three years there is a valuation by actuaries, who analyse financial risk.
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As Lord Grenville's office of auditor of the exchequer was thought incompatible with that of first lord of the treasury, and as his lordship was unwilling to resign that lucrative office, a bill was subsequently brought into parliament empowering him to name a responsible trustee for holding auditorship so long as he should continue premier.
The History of England in Three Volumes, Vol.III. From George III. to Victoria
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After a meeting with trustees, the company said that it was not expecting any increase in fund contributions in the coming years..
Times, Sunday Times
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The largest of all the drawings Egerton acquired were the two Carracci cartoons he gave to London's National Gallery in 1837, while he was one of its trustees.
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John Rabe served as chairman of the school board of trustees. The school adopted appointive employment system to recruit teachers, and the fund was provided by the German government.
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For some years Merrill served as an alumna trustee of Wellesley College.
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You have to be absolutely certain that not only the head of the organisation but the board of trustees are unimpeachable.
Times, Sunday Times
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If it failed to do so within a year, the ministry can appoint a trustee to sell 100 per cent of Lucite China to a third party.
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The responsibilities are arduous and trusteeship is a high-risk position which, if not conducted competently, can carry four-figure fines or even a prison sentence.
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Co - founder , Member , Board of Trustees , and Senior Fellow, Centre for Strategic and International Studies ( CSIS ), Jakarta.
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He said: 'We would recommend that charity boards and trustees are transparent.
Times, Sunday Times
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Income of unincorporated bodies, trustees and personal representatives is taxed at the standard rate.
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Counsel for the 1986 Trustee submits that the claims are stale, speculative, defensible and likely to fail.
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He served the public face of music with his membership of many committees and boards of trustees.
Times, Sunday Times
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It also required the merged company to maintain its existing negotiating practices and appoint a trustee to oversee its performance and report back to MOFCOM.
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Court cases have been launched the world over by the American trustee in an attempt to recoup the losses.
Times, Sunday Times
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Hutton is a trustee of the Yorkshire County Cricket Club charitable trust and works with the Sir Len Hutton Foundation raising funds to administrate a scheme to help youngsters enjoy their cricket.
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The court appointed a bankruptcy trustee to administer the property a debtor.
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Witness the pathos of the nation's first temple in its largest metropolis: a president, unencumbered by elections, wedded to perennial power locked in legal combat with a shadow board of trustees bent on her ouster.
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The concert was the fourth in a series of evening performances organised by the Trustees during 2003.
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It relies on Section 71 of the B.I.A. that once an assignment in bankruptcy is made, all of the bankrupt's property vests in his or her Trustee.
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e in remainder of a term arti - or a valuable consideration to, this is a good assignment in r, and the devisee in remainder erwards bat a trustee for the aser.
Reports of cases argued and determined in the High Court of Chancery, and of some special cases adjudged in the Court of King's Bench [1695-1735]
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Fitzwood's case is that when the trustee made its decision… it was actuated by malice -
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Trustees were walking a tightrope by striving to curb profiteering while keeping generous benefactors happy, she added.
Times, Sunday Times
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A discretionary trust lets the trustees decide when the beneficiaries should receive money, and how much.
Times, Sunday Times
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He’s the only trustee I called mister, but just because he was formal didn’t mean he wasn’t human.
Generous Death
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Directors of a corporation are trustees for the stockholders.
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It also provided a window on the long-standing predilections of a generation or three of trustees who got goose-bumps when anything English strayed into their path.
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With mental health issues finally beginning to gain widespread awareness, the trustees decided there was more work to be done and began looking for merger partners.
Times, Sunday Times
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In other words, the trustees have the discretion to make distributions, but haven't done so for years.
