Trustee

A bank or trust companySame or similar to "commercial bank." See also "commercial bank." designated by the IssuerThe public entity (state, political subdivision, agency, or authority) that issues securities in order to borrow money. or borrowerPerson responsible for repaying a loan who has signed and agreed to the terms in the promissory note. under the IndentureA formal written instrument made between two or more persons in different interests, such as a lease. as the custodianA depository of securities for purposes of safekeeping. A custodian does not have a fiduciary responsibility of funds and official representative of bondholders.

Trustee

A fiduciaryAn individual or trust institution given the duty of acting for the benefit of another. who holds or controls propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of another.

Trustee

A personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who controls legal titleTitle is the evidence of ownership. In essence, title is more important than ownership because having to a propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. under a trustA trust exists when one person holds property for the benefit of another. agreementAn exchange of promises, a mutual understanding or arrangement; a contract..

Trustee

A personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). who holds or controls propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of another.

Trustee

One who holds propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. in trustA trust exists when one person holds property for the benefit of another. for another to secure the performance of an obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs.. Third partyThe claimant under a Liability Policy. So called because the person making the claim is not one of the under a deed of trustThe document used in some states instead of a mortgage; title is conveyed to a trustee. In some states,.

Trustee

One who holds titleTitle is the evidence of ownership. In essence, title is more important than ownership because having to real propertyThe type of property ascribed to real estate investments, such as houses, land, buildings, retail stores, malls, etc. under the termsThe specific conditions of a loan, including the requirements governing receipt and repayment of a loan. of a deed of trustThe document used in some states instead of a mortgage; title is conveyed to a trustee. In some states,.

Trustee

One why holds propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. in trustA trust exists when one person holds property for the benefit of another. for another to secure the performance of an obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs..

Trustee

The personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14)). designated as the trustee in the deed of trustThe document used in some states instead of a mortgage; title is conveyed to a trustee. In some states, or appointed under RCW 61.24.010(2) who holds legal titleTitle is the evidence of ownership. In essence, title is more important than ownership because having to propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. "in trustA trust exists when one person holds property for the benefit of another." for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of another person (beneficiaryThe person, persons or entity designated to receive the death benefits from a life insurance policy or annuity contract.). This person must carry out specific duties with regard to the property.

trustee

The representative of the bankruptcy estateall legal or equitable interests of the debtor in property at the time of the bankruptcy filing. (The who exercises statutory powers, principally for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of the unsecured creditors, under the generalCoverage that pertains, for the most part, to claims arising out of the insured's liability for injuries supervision of the court and the direct supervision of the U.S. trusteeAn officer of the Justice Department responsible for supervising the administration of bankruptcy cases, or bankruptcy administratorAn officer of the judiciary serving in the judicial districts of Alabama and North Carolina who, like. The trustee is a private individualA person as defined. or corporationAn entity established and treated by law as an individual or unit with rights and liabilities, or both, appointed in all chapter 7the chapter of the Bankruptcy Code providing for 'liquidation', i.e. the sale of a debtor's nonexempt, chapter 12the chapter of the Bankruptcy Code providing for adjustment of debts of a 'family farmer or fisherman,', and chapter 13the chapter of the Bankruptcy Code providing for adjustment of debts of an individual with regular income. cases and some chapter 11The chapter of the Bankruptcy Code providing (generally) for reorganization, usually involving a corporation cases. The trustee's responsibilities include reviewing the debtorThe person or entity that borrows money. The term debtor may be used interchangeably with the term borrower.'s petition and scheduleslists submitted by the debtor along with the petition (or shortly thereafter) showing the debtor's assets, and bringing actions against creditors or the debtor to recover propertyThe rights or interests a person has in the thing he owns; not, in the technical sense, the thing itself. of the bankruptcyThe legal proceedings by which the affairs of a bankrupt person are turned over to a trustee or receiver estateThe ownership interest of an individual in real property. The sum total of all the real property and. In chapter 7, the trustee liquidates property of the estateAll legal or equitable interests of the debtor in property as of the commencement of the case., and makes distributions to creditors. Trustees in chapter 12 and 13 have similar duties to a chapter 7 trusteea person appointed in a chapter 7 case to represent the interests of the bankruptcy estate and the unsecured and the additional responsibilities of overseeing the debtor's planA debtor's detailed description of how the debtor proposes to pay creditors' claims over a fixed period of time., receiving payments from debtors, and disbursing plan payments to creditors.

Trustee

the representative of the bankruptcy estateall legal or equitable interests of the debtor in property at the time of the bankruptcy filing. (The who exercises statutory powers, principally for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of the unsecured creditors, under the generalCoverage that pertains, for the most part, to claims arising out of the insured's liability for injuries supervision of the court and the direct supervision of the United States Trusteean officer of the Justice Department responsible for supervising the administration of bankruptcy cases, or Bankruptcy AdministratorAn officer of the judiciary serving in the judicial districts of Alabama and North Carolina who, like.

Trustee

An individualA person as defined. or institution that holds the legal titleTitle is the evidence of ownership. In essence, title is more important than ownership because having to an assetThe entire property of a person, association, corporation, or estate applicable or subject to the payment of debts. and administers it for the benefitAmount payable by the insurance company to a claimant, assignee, or beneficiary when the insured suffers a loss. of another personAn individual, corporation, partnership, Limited Liability Company or other legal entity. (REF CGS §38a-1(14))..