Situs of administration definition

Situs of administration means the location in this state where the trustee maintains the office that is primarily responsible for dealing with the settlor and beneficiaries of the trust. The situs of administration may also be but is not necessarily the same as the principal office of a corporate trustee or the principal office maintained by multiple noncorporate trustees.
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Situs of administration means the location in
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Situs of administration means the location in this state where the trustee maintains the office that is primarily responsible for dealing with the settlor and beneficiaries of the trust. The situs of administration may also be but is not necessarily the same as the principal office of a corporate trustee [If there are two or more trustees, none of which is a corporation, venue is in the county in which the principal office of the trust is maintained].
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Examples of Situs of administration in a sentence

  • Situs of administration" means the location in this state where the trusteemaintains the office that is primarily responsible for dealing with the settlor and beneficiaries of thetrust.


More Definitions of Situs of administration

Situs of administration means the location where the trustee maintains the office that is primarily responsible for dealing with the settlor and beneficiaries of the trust.
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Situs of administration means the location in this state where the trustee maintains the office that is
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Situs of administration means the location in this state where the trustee
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Related to Situs of administration

  • Administration of Medication means the act of placing a medication in or on an individual's body by a staff member who is responsible for the individual's care.

  • Medication administration means the direct application of medications by injection, inhalation, ingestion, or any other means to an individual receiving services by (i) persons legally permitted to administer medications or (ii) the individual at the direction and in the presence of persons legally permitted to administer medications.

  • Customs Administration means the competent authority that is responsible under the law of a Party for the administration of customs laws and regulations;

  • Contract administration means all functions, duties, and responsibilities

  • Claims Administration means the processing and payment of claims received from Settlement Class Members by the Claims Administrator.

  • Irregularity in testing administration means the failure to administer an examination in the manner intended by the person or entity that created the examination.

  • Misadministration means the administration of:

  • Settlement Administration Costs means all costs and fees of the Settlement Administrator regarding Notice and Settlement administration.

  • Administrative Safeguards are administrative actions, and policies and procedures, to manage the selection, development, implementation, and maintenance of security measures to protect electronic PHI and to manage the conduct of Contractor’s workforce in relation to the protection of that information.

  • Settlement Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable for the approval, implementation and operation of this Settlement Agreement, including the costs of giving Notice and Settlement Approval Notice, but excluding Class Counsel Fees and Class Counsel Disbursements;