Limited discretion definition

Limited discretion means a limited or modified
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Limited discretion means a discretionary power of
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Limited discretion means a limited or modified power to distribute principal to or for the benefit of one or more beneficiaries of a trust.
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Examples of Limited discretion in a sentence

  • Limited discretion is available for the selection of the appropriate means of completing duties or tasks.

  • Limited discretion means that the Consultant is responsible for assessing the appropriateness of asset allocation strategies but does not have discretion to change the strategy without the Committee’s approval.

  • Limited discretion jobs were thus still not more profitable than full discretion jobs, even under a complete absence of hidden costs.

  • Limited discretion: STANLIB shall act on all instructions provided by the Client or authorised FSP.

  • Limited discretion is available to consider a small number of businesses that meet the eligible business criteria below but do not fall into the priority categories detailed above.

  • Limited discretion means that the advisor is responsible for assessing the appropriateness of asset allocation strategies but does not have discretion to change the strategy without the FIC’s approval.

  • Limited discretion by the recipient is more specific than the general activity being conducted by the recipient or the time frame in which the contribution must be used.

  • Limited discretion given to prosecutors, i.e. provisional dismissal of cases, etc.;40.

  • Limited discretion and accountability after the fact When the trustees' discretion is limited and when the results of the trustees' decisions can be evaluated, the trustees usually are required to disclose what they have done after the fact.

  • The auditing of accounts and of the legality and regularity of the underlying transactions should be undertaken by the Court of Auditors.


More Definitions of Limited discretion

Limited discretion means a discretionary power of distribution that is limited to an ascertainable standard or a reasonably definite standard.
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Limited discretion means a [limited or modified] 3-62 power to distribute principal to or for the benefit of one or more 3-63 beneficiaries of a trust that is limited by an ascertainable 3-64 standard, including the health, education, support, or maintenance 3-65 of the beneficiary.
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Related to Limited discretion

  • kg means kilogram.

  • Limited liability means that the liability of each shareholder is limited to the amount unpaid by the shareholder on the shares of the company (except in exceptional circumstances, such as involving fraud, the establishment of an agency relationship or an illegal or improper purpose or other circumstances in which a court may be prepared to pierce or lift the corporate veil).

  • Registered Office means the registered office for the time being of the Company.

  • Credit-Limited Offer means a Sell Offer that is submitted by a Market Participant in an RPM Auction subject to a maximum credit requirement specified by such Market Participant.

  • Limited Offering means an offering that is exempt from registration under the Securities Act of 1933 pursuant to Section 4(2) or Section 4(6) or pursuant to Rule 504, Rule 505, or Rule 506 under the Securities Act of 1933.

  • Limited lines insurance means any of the following:

  • Substituted Limited Partner means a Person who is admitted as a Limited Partner to the Partnership pursuant to Section 11.4.

  • Junior accessory dwelling unit means a unit that is no more than 500 square feet in size and contained entirely within a single-family residence. A junior accessory dwelling unit may include separate sanitation facilities, or may share sanitation facilities with the existing structure.

  • Limited liability company means a limited liability company formed under Chapter 1705 of the Ohio Revised Code or under the laws of another state.

  • Foreign limited liability limited partnership means a foreign limited partnership whose general partners have limited liability for the obligations of the foreign limited partnership under a provision similar to section 488.404, subsection 3.

  • Younger-generation substitute gift means the substitute gift created with respect to the younger-generation future interest.

  • Stinger-steered automobile or watercraft transporter means an automobile or watercraft transporter

  • Clean ballast means the ballast in a tank which since oil was last carried therein, has been so cleaned that effluent therefrom if it were discharged from a ship which is stationary into clean calm water on a clear day would not produce visible traces of oil on the surface of the water or on adjoining shorelines or cause a sludge or emulsion to be deposited beneath the surface of the water or upon adjoining shorelines. If the ballast is discharged through an oil discharge monitoring and control system approved by the Administration, evidence based on such a system to the effect that the oil content of the effluent did not exceed 15 parts per million shall be determinative that the ballast was clean, notwithstanding the presence of visible traces.

  • Single member limited liability company means a limited liability company that has one direct member.

  • Limited access highway means a highway: