American Law Reports Annotated, Volume 156Lawyers Co-operative Publishing Company, 1945 - Law reports, digests, etc |
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Page 83
the liability of a business trust or of the trust estate , they may refer to either of three questions : ( a ) wheth- er an action may be maintained against the trust , as such , in its adopt- ed name ; ( b ) the liability of the trus ...
the liability of a business trust or of the trust estate , they may refer to either of three questions : ( a ) wheth- er an action may be maintained against the trust , as such , in its adopt- ed name ; ( b ) the liability of the trus ...
Page 85
2. Stipulations negativing personal liability of trustees or affirming liability of the trust estate Where the trust instrument exempts the trustees from personal liability and provides that persons having claims against the trust shall ...
2. Stipulations negativing personal liability of trustees or affirming liability of the trust estate Where the trust instrument exempts the trustees from personal liability and provides that persons having claims against the trust shall ...
Page 142
... trust is generally entitled to reimbursement from the trust estate for all necessary and reasonable expenditures made in the execution of the trust.84 This principle is applicable to business or Massachusetts trusts . Where a trus- tee ...
... trust is generally entitled to reimbursement from the trust estate for all necessary and reasonable expenditures made in the execution of the trust.84 This principle is applicable to business or Massachusetts trusts . Where a trus- tee ...
Contents
e Advantages and disadvantages of this form of organization | 50 |
Name and seal | 78 |
jcontinued | 83 |
3 other sections not shown
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Common terms and phrases
action affirmed agreement amount annotation appear apply association authority Bank business trust cause certificate charge claim constitutional contract corporation court created creditor damages dealing debts declaration of trust defendant denied determining duty effect entitled evidence executed exempt fact give given ground held hold holders individual infra interest involving judge judgment jurisdiction land liability limited Mass Massachusetts matter meaning ment nature ness notice obligation officers opinion organization owner parties partnership personal liability plaintiff present provision question reason relating rule shareholders shares statement statute street suit supra SW 2d tees testimony Tex Civ App tion tort transfer treated trial trus trust estate trust instrument trust property United valid vested witness writ