Examples of Related or subordinate party in a sentence
Related or subordinate party §672(c): A nonadverse party who is—– The grantor’s spouse if living with the grantor.– The grantor’s father, mother, issue, brother or sister.– An employee of the grantor.– A corporation or any employee of a corporation in which the stock holdings of the grantor and the trust are significant from the viewpoint of voting control.– A subordinate employee of a corporation in which the grantor is an executive.Estate of Edward Redstone v.