Liabilities of Trustees for Investments; General Principles, Statutes And Decisions of the Various States
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In our eReader you can find the full English version of the book. Read Liabilities of Trustees for Investments; General Principles, Statutes And Decisions of the Various States Online - link to read the book on full screen. Our eReader also allows you to upload and read Pdf, Txt, ePub and fb2 books. In the Mini eReder on the page below you can quickly view all pages of the book - Read Book Liabilities of Trustees for Investments; General Principles, Statutes And Decisions of the Various States
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249 management and preservation of any property, or securities in which the same may be invested, and for the protection of the rights of all persons interested therein, whether such rights be vested or contingent.
Sec. 4049. When it appears by a report (of a fiduciary) made as aforesaid, or a special report of the commissioner of accounts, that money is in the hands of any such fiduciary, the court before which the report so comes may order the same to be invested or loaned out, or make such o...ther order respecting the same as may seem to it proper.
TEXJST COIilPANIES.
Trust Funds to be Kept Separate. — Section 4, of the Trust Company Law, provides that, "Every such company shall keep all trust funds and investments separate and apart from the assets of the company, and all investments made by the said company as fiduciary shall be so designated that the trust to which such investment shall belong shall be clearly shown ; and such funds shall be held for the uses designated and shall not be liable for any other obligations of such company." There seem to be no other provisions regarding investments by trust companies of funds held in trust.
What to read after Liabilities of Trustees for Investments; General Principles, Statutes And Decisions of the Various States?
You can find similar books in the "Read Also" column, or choose other free books by Frank C Frank Cowen Mckinney to read onlineMoreLess
To quickly assess the difficulty of the text, read a short excerpt:
249 management and preservation of any property, or securities in which the same may be invested, and for the protection of the rights of all persons interested therein, whether such rights be vested or contingent.
Sec. 4049. When it appears by a report (of a fiduciary) made as aforesaid, or a special report of the commissioner of accounts, that money is in the hands of any such fiduciary, the court before which the report so comes may order the same to be invested or loaned out, or make such o...ther order respecting the same as may seem to it proper.
TEXJST COIilPANIES.
Trust Funds to be Kept Separate. — Section 4, of the Trust Company Law, provides that, "Every such company shall keep all trust funds and investments separate and apart from the assets of the company, and all investments made by the said company as fiduciary shall be so designated that the trust to which such investment shall belong shall be clearly shown ; and such funds shall be held for the uses designated and shall not be liable for any other obligations of such company." There seem to be no other provisions regarding investments by trust companies of funds held in trust.
What to read after Liabilities of Trustees for Investments; General Principles, Statutes And Decisions of the Various States?
You can find similar books in the "Read Also" column, or choose other free books by Frank C Frank Cowen Mckinney to read onlineMoreLess
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