GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW) | ||||||
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19:29 Mar 3, 2014 |
Spanish to English translations [PRO] Law/Patents - Law (general) / Trust - Mexico | |||||||
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| Selected response from: Alejandro Alcaraz Sintes Spain | ||||||
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Summary of answers provided | ||||
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4 | under trust deed or trust receipt |
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3 | is owned / held by the trustee |
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is owned / held by the trustee Explanation: The assets of the 19 other trusts are not at risk (as the corporate trustee owns those trust assets only as a trustee, not beneficially); but; If the company is ... (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c... When the assets are vested in the trustee, the trustee has the power to continue to administer the assets even after the bankrupt's discharge from bankruptcy. (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c... 13/7/2011 - In every other respect, the very fact of the trust relationship whereby the trust's assets are held in ownership by the trustee serves to protect them ... (https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&c... |
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under trust deed or trust receipt Explanation: TRUST DEED: real estate under property of a trustee http://en.wikipedia.org/wiki/Trust_deed http://www.investopedia.com/terms/t/trustdeed.asp TRUST RECEIPT: similar, but upon receipt instead of a contract http://www.investopedia.com/terms/t/trust_receipt.asp http://www.wisegeek.com/what-is-a-trust-receipt.htm#didyoukn... |
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