trust fund theory or doctrine
- trust fund theory or doctrine
-
Black's law dictionary.
HENRY CAMPBELL BLACK, M. A..
1990.
Look at other dictionaries:
trust fund theory — or doctrine Generic term used in many contexts to describe the imposition of fiduciary obligations on persons who control money or property of another under certain circumstances. A creature of equity which operates to treat officers, directors,… … Black's law dictionary
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trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
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