declaration of trust From Longman Business Dictionarydeclaˌration of ˈtrust noun (plural declarations of trust) [countable usually singular] a statement in which a TRUSTEE officially says that property is held for someoneAs both the husband and the wife have an interest in the property, ...
Related to Declaration (law):Declaration of Independence Declaration of Trust An assertion by a property owner that he or she holds the property or estate for the benefit of another person, or for particular designated objectives. The term also signifies the deed or other instrument that contains...
A declaration of trust has a different meaning in the U.K. There, it establishes the joint ownership of a property that is being held for the benefit of one or more individuals other than the official owner. It is governed by the Trustee Act of 2000. The U.S. and the U.K. have d...
the Trustees declare that all assets contributed to the Trust will be held in trust for the exclusive benefit of the holders, from time to time, of the securities
The meaning of DECLARATION is the act of declaring : announcement. How to use declaration in a sentence.
The meaning of DECLARATION is the act of declaring : announcement. How to use declaration in a sentence.
The case law shows that the presumption is of an intention to create a trust for the transferor or provider of the purchase money. It makes no difference if, reflecting the historically important concept of "retention", this is phrased in negative terms as a presumption that the intention of...
this Trust has been formed as a voluntary association with transferable shares under the laws of the Commonwealth ofMassachusettsto carry on the business of an investment company; and WHEREAS, the Trustee has agreed to manage all property coming into his hands as Trustee of a voluntary association...
Real property laws in various states require the filing of statements to disclose plans that establish certain rights in particular buildings or parcels. For example, a homeowners' association formed by neighbors to maintain a recreation center owned by all of them together may file a declaration of...
VertexDeclarationCreates a new instance of theVertexDeclarationclass. Properties 展开表 PropertyDescription DeviceRetrieves theDeviceused to create the current vertex declaration. DisposedGets a value that indicates whether the object is disposed.