However, if a trustee
personally harmed someone, the trust provides no protection against the trustee
She has served as Sixth District Trustee
for ADAA as well as having chaired the Member Services Council on a national level.
The court also pointed out, significantly, that a proper filing of a "notice of lending" is an affirmative defense to any law- suit charging a trustee
with a diversion of trust assets or an action to recover diverted assets from a transferee (such as a bank receiving repayment of its loan).
can contribute a significant amount in terms of expertise and experience to a trustee
board and it is crucial that schemes and employers can have confidence in any professional trustee
that they appoint.
Section 701 of the Bankruptcy Code, entitled "Interim trustee
," provides in relevant part for the prompt "appoint[ment]" of an interim trustee
following the order for relief in a Chapter 7 case.
investment duties When trustees
invest assets, they are under a duty to take such care as an ordinary prudent man would take if he was making an investment for the benefit of others for whom he felt morally bound to provide.
For example, declining to make payments for a beneficiary simply because the Trustee
doesn't like the beneficiary is not acting in "good faith.
Hampshire, a member of the Five College consortium that includes Amherst, Mount Holyoke, Smith, and the University of Massachusetts Amherst, has long had an elected student trustee
and an elected faculty trustee
, but the elected staff trustee
position is still a rarity.
The Board of Trustees
meets twice a year, in the Spring and Fall.
We all had hoped to have had a trustee
on board by now.
First and foremost, the physician trustee
should be the prime advocate for quality, improved patient care outcomes, patient safety and clinical care excellence.
643(a)-3(b), however, 'if the trustee
has authority over capital gains, T can include $10,000 of the capital gain in DNI and carry it out to B, a much fairer result.
The act's principal and income allocation provisions constitute default rules a trust settler may override through specific instructions or trustee
discretionary powers (CPC Sec.
She is currently Fifth District Trustee
and Chair of the Council on Governance.
In the recent municipal election we have witnessed a turn of events that has left the Waterloo Catholic Board of Trustees
with one fewer Defender of the Faith.