Trusts Corporation definition

Trusts Corporation means the corporate body of trustees constituted under this Act under the name of the Presbyterian Church of Victoria Trusts Corporation.
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Trusts Corporation. , in relation to a diocese, means the corporate body of trustees constituted within the diocese under this Act.
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Trusts Corporation means the Anglican Trusts Corporation for the Diocese of Gippsland.
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Examples of Trusts Corporation in a sentence

  • Subject to the powers, duties and functions of The Presbyterian Church of Victoria Trusts Corporation under the Presbyterian Trusts Act 1890 as amended by the Presbyterian Trusts (Common Fund) Act 1965 and the regulations there under and subject to the rules of the Church and the Resolutions and directions of the Assembly, the Board shall carry out the duties described in regulations 6-17 of these regulations.

  • The BIF shall take steps to see that any monies held for all or some of the purposes of a congregation that has ceased to exist be forwarded to The Presbyterian Church of Victoria Trusts Corporation to be dealt with by it according to law.

  • The BIF shall:administer the financial affairs of and act as Treasurer of the General Assembly; andbe responsible for the maintenance of all accounting records; andpublish audited accounts for the General Assembly and The Presbyterian Church of Victoria Trusts Corporation annually.

  • Normally, the appointment of The Presbyterian Church of Victoria Trusts Corporation as trustees is preferred (see rules 4:103, 145).

  • Accordingly, if the Moderator-Designate is the minister of a charge, an opportunity shall be given to his congregation to help with the provision of these robes, but, if necessary, the Trusts Corporation / Board of Investment and Finance shall meet the expenses.

  • The Moderator shall receive an honorarium of 10% of minimum remuneration and the Trusts Corporation / Board of Investment and Finance shall make suitable financial arrangements to meet the Moderator’s expenses during his term of office.

  • The property of every congregation, unless it is held under an Act of Parliament containing any specific contrary provision, is held by either The Presbyterian Church of Victoria Trusts Corporation or other trustees, and is held under specific terms of trust and subject to the provisions of the Presbyterian Trusts Act 1890 and of rules made by the General Assembly relating to that Act (refer to Appendix Model Trust Deed).

  • Congregations and social service activities Any congregation of the church proposing to improve or acquire ownership of real property for the carrying on of a project or activity of a social service nature, shall first apply for and obtain the approval or consent of the presbytery and of the Trusts Corporation and the approval of the Social Services Committee before proceeding.

  • Duties The committee shall:be responsible to the General Assembly for the planning, development, administration and oversight of all social service activities sanctioned by the General Assembly, and for termination of any such activity when considered by the committee to be necessary or appropriate after consultation with The Presbyterian Trusts Corporation; andmeet monthly with the exception of January.

  • Any congregation of the church proposing to improve or acquire ownership of real property for the carrying on of a project or activity of a social service nature, shall first apply for and obtain the approval or consent of the presbytery and of the Trusts Corporation and the approval of the Social Services Committee before proceeding.


More Definitions of Trusts Corporation

Trusts Corporation means the corporate body of trustees constituted under this Act under the name of the Presbyterian Church of Victoria Trusts Corporation. 3. General Assembly may pass resolution to form corporate body of trusteess. 3The General Assembly may if it thinks fit pass a resolution expressing its desire—
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Related to Trusts Corporation

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  • Corporation/ Corpn./ Department means the Central Warehousing Corporation.

  • School Corporation means the Western Xxxxx County Community School Corporation of the County of Xxxxx of the State of Indiana;

  • S corporation means a person that has made an election under subchapter S of Chapter 1 of Subtitle A of the Internal Revenue Code for its taxable year.

  • of a corporation means all classes of Capital Stock of such corporation then outstanding and normally entitled to vote in the election of directors.

  • Municipal corporation means, in general terms, a status conferred upon a local government unit, by state law giving the unit certain autonomous operating authority such as the power of taxation, power of eminent domain, police power and regulatory power, and includes a joint economic development district or joint economic development zone that levies an income tax under section 715.691, 715.70, 715.71, or 715.74 of the Ohio Revised Code.

  • Service corporation means a corporation organized under ss. 180.1903 to 180.1921.

  • Subchapter S Corporation (as defined in the Internal Revenue Code of 1986, as amended), Borrower may pay cash dividends on its stock to its shareholders from time to time in amounts necessary to enable the shareholders to pay income taxes and make estimated income tax payments to satisfy their liabilities under federal and state law which arise solely from their status as Shareholders of a Subchapter S Corporation because of their ownership of shares of stock of Borrower, or (d) purchase or retire any of Borrower's outstanding shares or alter or amend Borrower's capital structure.

  • trust corporation means a trust corporation (as defined in the Law of Property Act 1925) or a corporation entitled to act as a trustee pursuant to applicable foreign legislation relating to trustees; and

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  • Delaware General Corporation Law means the Delaware General Corporation Law, 8 Del. C.ss.100, et. seq., as amended from time to time.

  • QUALIFIED MUNICIPAL CORPORATION means a municipal corporation that, by resolution or ordinance adopted on or before December 31, 2011, adopted Ohio adjusted gross income, as defined by section 5747.01 of the Ohio Revised Code, as the income subject to tax for the purposes of imposing a municipal income tax.

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  • General Corporation Law means the General Corporation Law of the State of Delaware, as amended from time to time.

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  • Keystone means Keystone Underwriting Pty Ltd ABN 78 601 944 763 as Corporate Authorised Representative (No. 000468712) of Keystone Underwriting Australia Pty Ltd ABN 59 634 715 674 AFSL 518224 which is acting on behalf of Underwriters.

  • Asset Management Company means an asset Management Company as defined in the Rules and Regulations.

  • Savings bank means a savings bank that is organized under the savings bank act, 1996 PA 354, MCL 487.3101 to 487.3804, or the laws of another state, the District of Columbia, a territory or protectorate of the United States, or of the United States, whose deposits are insured by the Federal Deposit Insurance