A separate corporate trustee reduces the chance of personal assets becoming intermingled with fund assets.
Not exact matches
Trustee Dolores Cizek said the
Corporate Park condemnation was a
separate issue that should not be linked with the Park District's request.
At legal director level, Adrian Lamb has «detailed knowledge» and revised Welplan's trust deed and master trust documentation rules following the establishment of a
separate trustee company, and Rupert Graham - Evans, who provides «professional and timely advice», assisted Epicor Software UK with matters relating to its UK defined benefit scheme and a cross-border
corporate transaction.
The CIO format is designed only for charities and aims to combine the best of both worlds — all the advantages of
corporate status, including
separate legal personality (so that a CIO is able to conduct business and hold property in its own name rather than under the names of the individual
trustees), and limitation of liability for its
trustees and members, while at the same time avoiding dual regulation under both company law and charity law.