college education. After commanding the operations‚ he understood society‚ and retrained the police officers to meet the standards in the 1970s. He retired from the HPD in 1983. Francis was a former principal for Kamehameha Schools. He is also a trustee
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Definition of bankers Commercial definition vs legal definition. Bills of Exchange Ordinance (Cap. 19) (BEO) S.2: • “banker" includes a body of persons‚ whether incorporated or not‚ who carry on the business of banking. BO s.2: • "banking business" means the business of either or both of the following- (a) receiving from the general public money on current‚ deposit‚ savings or other similar account repayable on demand or within less than the period specified in item 1 of the 1st Schedule
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benefits for a specific purpose). Purpose vs Person Relationship b/w a trustee(s) (person/s or corporation(s) holding the asset) and a beneficiary(s) (person for which the asset was held) > Cestui Que Trust (Beneficiary) > anything with legal personality can be a trustee or a beneficiary (one person‚ a few people‚ class of people-descendants) Only combination is isn’t permitted is if one person is both the trustee and a beneficiary; illogically impossible Primary factor: involves holding
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Descendants. George Clooney stars as Matthew King who on paper has the perfect life. He lives on the beautiful island of Honolulu‚ Hawaii‚ has a beautiful family‚ and is a well-known lawyer on the island. You soon find out that Matthew King is the sole trustee of 25‚000 acres of prime land on Kauai which is more of a burden than a benefit to him because his six cousins‚ who are beneficiaries‚ have been expressing their opinions to him. He has the choice of selling the land to a developer and making a resort
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COIT20247: Database Design and Development Term1‚ 2015 Assessment 1 - Systems Development Lecturer: Umapathy Venugopal Tutor: Umapathy Venugopal Prepared by: William Rogers S0267955 Table of Contents Business Rules 4 List of assumptions 4 Entity and Attribute Definitions: 5 Reference List 7 Business Rules All staff must record their full name‚ address‚ and phone numbers as well as be given a unique employee ID. Analysts are required to give their expertise while managers
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THE BRITISH COMPUTER SOCIETY TRUSTEE BOARD REGULATIONS - SCHEDULE 3 CODE OF CONDUCT FOR BCS MEMBERS Introduction This Code sets out the professional standards required by the Society as a condition of membership. It applies to members of all grades‚ including Students‚ and Affiliates‚ and also non-members who offer their expertise as part of the Society’s Professional Advice Service. Within this document‚ the term “relevant authority” is used to identify the person or organisation which has
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or claim repayment of money lent. Any such contract or mortgage shall be void and unenforceable. This goes to say that an infant cannot be a mortgagee or trustee. However amendments were made in the Law of Property Act‚ 1925‚ and goes to say that legal estate can only vest in the infant the capacity of a mortgagee or a trustee‚ where a trustee‚ who was appointed by the parents or legal guardian‚ is present. Also‚ the infant may hold equitable interest as a fulfilment of a condition and if he is a
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Interests Reign Supreme: Settlor’s Intent vs. Beneficiary’s Interests Trust – The right‚ enforceable solely in equity‚ to the beneficial enjoyment of property to which another person holds the legal title; a property interest held by one person (the trustee) at the request of another (the settlor) for the benefit of a third party (the beneficiary). Settlor – Someone who makes a settlement of property; esp.‚ one who sets up a trust. — Also termed creator; donor; trustor; grantor; founder. Beneficiary
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arrangement whereby a person (a trustee) holds property as its nominal owner for the good of one or more beneficiaries 3) a large company that has or attempts to gain monopolistic control of a market 4) commercial credit 5) a hope or expectationNursing: Confidence that
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the person (referred to as a ‘settlement’). It may be for consideration or a gift. (NB: Equitable Assignment check list). - post mortem occurs after the death of the person (in their will). 3) Direction – where a beneficiary instructs their trustee to hold an interest on trust for another person. Kinds of Trust Trusts are either: 1. Express Trusts (being examined in this lecture). 2. Charitable Trusts 3. Resulting Trusts (intention presumed) 4. Constructive Trusts (used as a remedy)
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