appointment of trustee
- The designation of a person as trustee made by will, deed of trust, or other trust instrument, or the naming by a court of a person to act as trustee.
Ballentine's law dictionary. Anderson, W.S.. 1998.
Look at other dictionaries:
trustee — trust·ee 1 /ˌtrəs tē/ n 1: one to whom something is entrusted: one trusted to keep or administer something: as a: a member of a board entrusted with administering the funds and directing the policy of an institution or organization b: a country… … Law dictionary
trustee — an agent of the court who manages the property of the debtor for the benefit of the creditors. The court appoints a trustee in most Chapter 7 cases and in Chapter 11 cases when it determines that the debtor s management should not remain in their … Glossary of Bankruptcy
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Trustee — is a legal term that refers to a holder of property on behalf of a beneficiary. A trust can be set up either to benefit particular persons, or for any charitable purposes (but not generally for non charitable purposes): typical examples are a… … Wikipedia
appointment — The act of designating, or the acquisition of some, responsibility or position. For example, the Court can appoint a Trustee in Bankruptcy as Receiver of some property. (Dictionary of Canadian Bankruptcy Terms) United Glossary of Bankruptcy Terms … Glossary of Bankruptcy
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trustee in bankruptcy — One to whom the administration of a bankrupt estate is delegated and confided. 9 Am J2d Bankr § 621. The Bankruptcy Act specifies either one or three trustees for a bankrupt estate, and there is nothing in the Bankruptcy Act or the General Orders … Ballentine's law dictionary
official trustee — An official trustee in bankruptcy under a former practice, now prohibited, of recognizing a particular corporation in the federal district as entitled to appointment as trustee in bankruptcy in all cases arising in the district requiring a… … Ballentine's law dictionary
United States Trustee Program — The United States Trustee Program is an agency of the United States Department of Justice that is responsible for ing the administration of bankruptcy cases and private trustees. The applicable federal law is found at 28 U.S.C. § 586 and 11 U.S.C … Wikipedia
power of appointment — power of appointment: a power granted under a deed or will authorizing the donee to dispose of an estate in a specified manner for the benefit of the donee or of others general power of appointment: a power of appointment which the donee may… … Law dictionary