Trust Powers definition

Trust Powers means the power to act in any fiduciary capacity authorized under this Section.
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Trust Powers means the rights and powers necessary to act as a fiduciary and, when the context so requires or admits, the term also means the authority granted to a bank, state or federal association, or trust company by, or pursuant to, the laws of this or any other jurisdiction to engage in trust business; and
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Trust Powers means shall mean the power to act in any fiduciary capacity authorized under this
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Examples of Trust Powers in a sentence

  • Complete all sections of the FDIC Application for Consent to Exercise Trust Powers that are required for “standard” processing.

  • Trust Powers" shall mean the power to act in any fiduciary capacity authorized under this Section.

  • Trust Powers, Exception to Requirement of Security for Trust Funds Deposited on Commercial Side – Requirement that securities be pledged for trust funds deposited on commercial side while awaiting investment or distribution, does not apply to accounts where the bank acts in the capacity of agent and does not have investment discretion.

  • If a decision is made that other agencies do not need to be involved, consideration will be given to deleting the imagery in line with the Trust Powers of Search Policy and the DfE guidance ‘Searching, Screening and Confiscation’ which advises that schools have the power to search pupils devices, search data on devices and delete youth produced sexual imagery.

  • After all water and other foreign substances have been removed from the shells and the final approval given, the reinforcing steel, if specified, shall be placed, and the shells shall be filled with class A concrete in the presence of the Engineer.

  • Trust and fiduciary powers are exercised by the Bank pursuant to 12 USC 92a – Trust Powers of National Banks.

  • Except in the case of willful misconduct by the Reorganized Diocese and any Participating Party, the Trust’s sole remedy for any failure to comply with any Post-Effective Date Insurance Obligations shall be specific performance as ordered by the Court.6.4 Trust Powers With Respect to Abuse Claims and Non-Settling Insurers.

  • Meltzer, "Postscript to a Note on Trust Powers after Termination," 56 Chicago Bar Association Record 52 (1974).

  • Unit 4 : Rajasthan Public Trust Act, 1959 : Management of Public Trust, Powers of Officers in relation to Public Trust, Control of Public Trust, Special provisions in relation to certain trusts- Dharmada, Procedure and Penalties.

  • This authorization is granted in recognition that it has commonly been found that institutions arbitrarily and periodically change their requirements as to the peculiar verbiage for a particular institution which may be required to enable the Trustee to effectively utilize the Trust Powers.


More Definitions of Trust Powers

Trust Powers means the power to act in any fiduciary capacity.
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Trust Powers means, in relation to a Bond, the trusts, powers, authorities and discretions vested in the Supervisor by this Deed in relation to that Bond.
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Trust Powers means the power to act in any fiduciary capacity authorized by Iowa Code section 534.103(6).
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Trust Powers means the trusts, powers, authorities and discretions vested in the Supervisor by this deed.
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Trust Powers means, in relation to a Series, the trusts, powers, authorities or discretions vested in the Trustee by this Deed in relation to that Series.
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Related to Trust Powers

  • Bail-in Powers means any Write-down and Conversion Powers as defined in the EU Bail-in Legislation Schedule, in relation to the relevant Bail-in Legislation.

  • UK Bail-in Powers means the powers under the UK Bail-In Legislation to cancel, transfer or dilute shares issued by a person that is a bank or investment firm or affiliate of a bank or investment firm, to cancel, reduce, modify or change the form of a liability of such a person or any contract or instrument under which that liability arises, to convert all or part of that liability into shares, securities or obligations of that person or any other person, to provide that any such contract or instrument is to have effect as if a right had been exercised under it or to suspend any obligation in respect of that liability.

  • Lead Authority means a local authority in Wales acting as the Lead Regional Transport Authority for one or more of its Constituent Local Authorities;

  • General supervision means that general instructions are given and tasks are undertaken to achieve the required outcomes or objectives. Discretion and choice in selecting the most appropriate method for completing the allotted tasks is expected and encouraged.

  • Bail-in Power means any statutory cancellation, write-down and/or conversion power existing from time to time under any laws, regulations, rules or requirements relating to the resolution of banks, banking group companies, credit institutions and/or investment firms, including but not limited to any such laws, regulations, rules or requirements that are implemented, adopted or enacted within the context of a European Union directive or regulation of the European Parliament and of the Council establishing a framework for the recovery and resolution of credit institutions and investment firms, or any other applicable laws or regulations, as amended, or otherwise, pursuant to which obligations of a bank, banking group company, credit institution or investment firm or any of its affiliates can be reduced, cancelled and/or converted into shares or other securities or obligations of the obligor or any other person.

  • Trust means the arrangement through which the property of one person is made over or bequeathed to a trustee to administer such property for the benefit of another person; and

  • the Eileen Trust means the charitable trust of that name established on 29th March 1993 out of funds provided by the Secretary of State for the benefit of persons eligible for payment in accordance with its provisions;

  • Authority means any governmental, regulatory or administrative body, agency or authority, any court or judicial authority, any arbitrator, or any public, private or industry regulatory authority, whether international, national, Federal, state, or local.