Trust director definition

Trust director means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee. The person is a trust director whether or not the terms of the trust refer to the person as a trust director and whether or not the person is a beneficiary or settlor of the trust.

Trust director means a person that is granted a power of

Trust director means that term as defined in section 7703a.

Examples of Trust director in a sentence

• No Northern Trust director, officer or employee should seek to manipulate or otherwise tamper with any market, including the market for any financial instrument such as securities, commodities or loans.

• Trust director" means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee.

• Any Northern Trust director, officer or employee who intends to make use of Northern Trust property or services in a manner not solely for the benefit of Northern Trust should consult beforehand with the Code of Ethics Contact Person.

• No Northern Trust director, officer or employee should take unfair advantage of anyone through manipulation, concealment, abuse of privileged information, misrepresentation of material facts, or any other unfair dealing practice.

• Each Northern Trust director, officer and employee must: • Adhere to Northern Trust’s overriding commitment to the highest standards of integrity, ethics and honesty.

More Definitions of Trust director

Trust director means a person that is granted a power of direction by the terms of a trust to the

Trust director means either an investment trust director or a distribution trust director.

Trust director means a person that is granted a power of direction by the terms of a

Trust director means an organization permitted to exercise trust powers in this state as described in section 1105(2) of the banking code of 1999, 1999 PA 276, MCL 487.11105, or an individual, if that person is granted a power of direction whether or not either of the following applies:

Trust director means a person that is granted a power of direction by the terms of a trust to the extent the power is exercisable while the person is not serving as a trustee, regardless of whether:

Trust director means a person who has a power of direction under the trust terms to the extent exercisable while that person is not a trustee.

Trust director means an organization permitted to exercise trust powers in this state as described in