Public trust assets definition

Public trust assets means those lands and resources, including sovereign
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Public trust assets means those lands and resources, including sovereign lands, administered by the division.
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Public trust assets means the same as that term is defined in Section 65A-1-1.
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Examples of Public trust assets in a sentence

  • Under the public trust, the courts would recognize that the atmosphere is held by all sovereign governments at all levels in trust for the public, and those governments owe a fiduciary obligation to the trust bene- ficiaries—the public.52 Public trust assets cannot be exhausted or degraded for purposes of political expediency or the interests of politicians and cor- porations.

  • Treves: Public trust assets are not property per se but rather represent a pool of assets in which the public has a sovereign interest.

  • Public trust assets typically take the form of navigable waters, the beds underneath those waters, and the public property interests in the trust assets.


More Definitions of Public trust assets

Public trust assets means the same as that term is defined in Section 65A-1-1. (17) "UP causeway breach" means a breach in the 21-mile Union Pacific Railroad
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Public trust assets means the same as that term is defined in Section 65A-1-1. 604 (16) "UP causeway breach" means a breach in the 21-mile Union Pacific Railroad 605 causeway across the Great Salt Lake that separates the Great Salt Lake into Gunnison Bay and 606 Gilbert Bay.
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Related to Public trust assets

  • Trust Assets means, with respect to the Appointments and to the extent held, deposited or invested by any Seller for the benefit of others (whether or not constituting all or a portion of the corpus of any trust) as collateral, trust assets or otherwise by the applicable Corporate Trust Contracts or any other applicable legal obligation, (a) all cash on hand or held in bank accounts (including the Deposits) or in money market funds, and (b) all shares, stock, bonds, debentures, notes, mortgages, guarantees, letters of credit, certificates of indebtedness, warrants, treasuries or other securities or financial instruments or property of any type or description.

  • Public Trustee means the public trustee within the meaning of the Public Trustee Act 1978.

  • Liquidation Trust means the trust created pursuant to the Liquidation Trust Agreement on the Effective Date in accordance with the Plan, the Confirmation Order and the Liquidation Trust Agreement.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • Liquidating Trust means the liquidating trust maintained by the Trustee holding the Trust Assets of the Partnership, identified as the "PLM Equipment Growth Fund III Liquidating Trust"; also referred to herein as the "Trust."

  • the Trust Fund means the Bond(s) referred to in the First Schedule to the Declaration of Trust and the property from time to time representing the same (and also includes any other property which may become Trust Property as a result of any loan to the Trustees or any addition by way of gift or any accumulation of income).

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Owner Trust Estate means all right, title and interest of the Trust in and to the property and rights assigned to the Trust pursuant to Article II of the Sale and Servicing Agreement, all funds on deposit from time to time in the Trust Accounts and all other property of the Trust from time to time, including any rights of the Trust pursuant to the Sale and Servicing Agreement.

  • Trust Fund The trust fund established by the Trust Agreement, the assets of which consist of the Mortgage Loans and any other assets as set forth therein. Trustee: U.S. Bank National Association, or any successor in interest, or if any successor trustee or co-trustee shall be appointed as provided in the Trust Agreement, then such successor trustee or such co-trustee, as the case may be.

  • Litigation Trust Agreement means the trust agreement dated as of the Plan Implementation Date, between SFC and the Litigation Trustee, establishing the Litigation Trust.

  • Liquidation Trustee means the trustee appointed jointly by the Debtors and the Creditors’ Committee, and identified in the Plan Supplement, to serve as the liquidation trustee under the Liquidation Trust Agreement, or any successor appointed in accordance with the terms of the Plan and Liquidation Trust Agreement.

  • Liquidating Trustee has the meaning set forth in Section 6.2(a).