|
346.05 |
Equity and trusts |
Trust
“An arrangement in which a settlor transfers property to one or more trustees, who will hold it for the benefit of one or more persons (the beneficiaries or cestuis que trust, who may include the trustee(s) or the settlor) who are entitled to enforce the trust, if necessary by action in court”…..
Law, J., & Martin, E. Trust. In A dictionary of law. Oxford: Oxford University Press. Retrieved from http://www.oxfordreference.com/view/10.1093/acref/9780199551248.001.0001/acref-9780199551248-e-4054.
