Professional Trustee definition

Professional Trustee means a person who -
Professional Trustee means a trustee who is registered under Article 9 of the Financial Services (Jersey) Law 19981, by the Jersey Financial Services Commission, to carry on trust company business within the meaning of Article 2(3) of that Law;
Professional Trustee means a Professional Trustee, nominated by the Developer

Examples of Professional Trustee in a sentence

  • The expenses will be mentioned as much as possible in the newsletters.

  • Form-A-Co (Gibraltar) Limited provides Professional Trustee Services through its associate company, Form-A-Trust (Gibraltar) Limited, which is licensed and regulated under the Financial Services Act.

  • Since 1989, he has been admitted as licensed Liechtenstein Professional Trustee.

  • Form-A-Co provides Professional Trustee Services through its associate company, Form-A-Trust (Gibraltar) Limited, which is licensed and regulated under the Financial Services Act.

  • In the event that the Professional Trustee loses its right to be indemnified out of the trust property, we can claim against the Professional Trustee personally to the extent we are unable to recover amounts due to us from the trust property.


More Definitions of Professional Trustee

Professional Trustee means a Professional Trustee, nominated by
Professional Trustee means a professional trustee, nominated by the Developer during the Development Period, and thereafter by the Board, which professional trustee is nominated and co-opted to the Board for his specific level of skill, expertise, knowledge of the Estate or Sectional Title Scheme, and experience in his field of qualification;
Professional Trustee means any limited company or trust corporation that holds itself out as being an independent professional trustee and is a director of the Trustee or any director or representative of such a limited company or trust corporation who is a director of the Trustee;
Professional Trustee means a professional trustee, nominated by the Developer during the development period, and thereafter by the Board, which Professional trustee must be nominated and co-opted to the Board for his specific level of skill, expertise, knowledge of the Estate or Sectional Title Scheme, and experience in his field of qualification;
Professional Trustee means a natural person or a body corporate engaged as a business, trade, profession or vocation in the provision of services of a trustee;
Professional Trustee means someone (such as a solicitor or accountant) who is a trustee as part of their business or profession. It would also include a trustee who has (or claims to have) specialist knowledge or experience of something.
Professional Trustee means a person paid to act as a trustee in the course of his business;