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.8 84 This principle is applicable to business or Massachusetts trusts . Where a trus ...
... trust is generally entitled to reimbursement from the trust estate for all necessary and reasonable expenditures made in the execution of the trust.8 84 This principle is applicable to business or Massachusetts trusts . Where a trus ...
Contents
In general | 30 |
e Advantages and disadvantages of this form of organization | 50 |
Name and seal | 78 |
1 other sections not shown
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Common terms and phrases
action affirmed agreement amount annotation App Div appear applied Asso association attorney Bank Bankr Rep beneficiaries Blue Sky Law business trust Cal App CCA 10th certificate certiorari denied claim common law constitutional contract corporation court of equity creditors damages debts declaration of trust defendant entitled evidence ex rel exempt expert F 2d fact grand jury Headnote held hold holders Ill App infra interest involving Iowa jurisdiction L ed lease liability of shareholders mandamus Mass Massachusetts Massachusetts trust ment Mo App ness trust opinion organization owner parties partners partnership personal liability plaintiff prosecution provision public trial purpose question rule shares St Rep statute street suit supra SW 2d tees testimony Tex Civ App thereof tion transfer trial court trial judge trus trust estate trust instrument trust property United vested witness writ of certiorari