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	Trust - Wikipedia, the free encyclopedia
		In general, trust refers to an aspect of a relationship between two parties, by which a given situation is mutually understood, and commitments are made toward actions in favor of a desired outcome.
		A trust company acts as a corporate trustee managing a trust for the benefit of the beneficiaries.
		Trust Company (better known as TRUSTcompany or TRUST*CO) is an American grunge band that started in the early 2000s.
	en.wikipedia.org /wiki/Trust (703 words)

	Investment trust - Wikipedia, the free encyclopedia
		In such cases, the investment trust is referred to as trading at a discount (or premium) to NAV (net asset value).
		The investment trust sector, in particular split capital investment trusts suffered somewhat from around 2000 to 2003 when the creation of a compensation scheme resolved some problems.
		The Foreign and Colonial Investment Trust plc objective was 'to give the investor of moderate means the same advantages as the large capitalists in diminishing the risk of spreading the investment over a number of stocks'.
	en.wikipedia.org /wiki/Investment_trust (302 words)

	Offshore Intelligence - British Virgin Islands
		The BVI's trust law is based on the English rules of equity, and the BVI High Court follows English case law even though it is not technically binding, except where this specifically departs from local legislation or case law.
		Licensed trust companies are also subject to the Code of Conduct adopted by the BVI Asso ciation of Registered Agents, the umbrella organisation for over 90% of the licensed service providers in the BVI's offshore industry.
		Where a breach of trust is committed by a corporate trustee, every person who at the time of breach was a director of the trustee is deemed to be guarantor of the trustee (ie personally liable) in respects of damages awarded by the court.
	www.marrache.com /offshore/bvi/page4.htm (1039 words)

	Provisions relating to the formation of limited liability trust companies
		Trust companies which (a) do not receive deposits from the general public and (b) have been exempted by the banking board from the requirements of section thirty-two of this chapter, may be formed and operated as limited liability trust companies.
		Notwithstanding any other provision of this chapter, a limited liability trust company shall dissolve and its affairs shall be wound up upon the occurrence of any event specified in section seven hundred one of the limited liability company law.
		No limited liability trust company shall be authorized to exercise the powers set forth in this chapter or the limited liability company law unless its capital contributions amount to not less than the amounts prescribed by the superintendent.
	www.banking.state.ny.us /ia15.htm (414 words)

	FFIEC: Trust Institutions Information
		The Trust Institutions Search is a data base of both FDIC-insured and non-insured institutions with trust powers, including non-FDIC-insured trust companies which are not under the jurisdiction of the Federal Financial Institutions Examination Council (FFIEC) regulatory agencies.
		Trust information for individual institutions filed annually from year-end 1997 through year-end 2000, will continue to be available at the Trust Institutions Information site, http://www2.fdic.gov/structur/trust.
		If the trust company is owned directly by a FDIC-insured bank, the subsidiary trust operation should be consolidated with the parent bank according to the consolidation requirements found on page 8 of the General Instructions of the Instructions for Preparation of Consolidated Reports of Condition and Income.
	www2.fdic.gov /structur/trust (953 words)

	Asset protection - Offshore Trust Companies. (Site not responding. Last check: 2007-10-29)
		A Nominal Company is often used in the capacity of the Protector.
		A trust established in the jurisdiction of the Settlor's domicile or legal residence.
		In most cases from the fiscal point of view, an offshore trust automatically becomes a resident trust, and the Settlor remains the owner of the property assigned to the Trust, if he is a resident of US, Canada, and some other OECD countries.
	www.offshore-formation.com /trusts.html (702 words)

	Trust Companies (Site not responding. Last check: 2007-10-29)
		The life of the trust is given to it by the trustee, who represents the trust in all matters.
		PITCO is a licensed Trust Company that professionally acts as a trustee of trusts and as nominee.
		A licensed Trust Company is specifically set up to act as trustee for many trusts and is licensed to apply for grants of probate in respect of deceased estates.
	www.financial.com.vu /pitco/trust.htm (480 words)

	webservices.xml.com: Trust Networks in a Web Services World
		The trust that the provider has in the STS allows it to assign trust to the tokens issued by that STS and, consequently, to the SOAP clients to which the tokens are issued.
		Trust between certificate holders and relying parties is made possible by the potentially long chain of other trust relationships that exist between the two fundamental entities and their associated CAs.
		Trust then is dependent on each actor being confident that the other actors will behave in the prescribed manner for specific circumstances; and, importantly, the protections afforded to those impacted parties should another not perform as expected.
	webservices.xml.com /pub/a/ws/2004/05/26/trust.html (2247 words)

	Comments of The Association of Independent Trust Companies, Inc. on S7-12-01
		The final requirement for the trust and fiduciary exemption contained in the interim regulations, and the one that causes us greatest concern, is that the trustee be "chiefly compensated" for transactions on a "relationship" basis as opposed to a "sales" basis.
		It is interesting to note that banks and trust companies continue to be exempt from the requirements of the Investment Advisors Act of 1940 because of their regulation by a banking regulatory agency as a bank or trust company.
		Most of our trust company members are state-chartered members and are closely monitored and regulated by their state banking commissioner or superintendent.
	www.sec.gov /rules/final/s71201/blank1.htm (1624 words)

	AllRefer.com - trust (Legal Terms And Concepts) - Encyclopedia
		trust, in law, arrangement whereby property legally owned by one person is administered for the benefit of another.
		In some cases the settlor may be the trustee or beneficiary, but it is indispensable that the trustee (legal owner) and the beneficiary (equitable owner) be different persons.
		In modern times banks and trust companies, with their special facilities for handling investments, are often named the trustees of substantial properties.
	reference.allrefer.com /encyclopedia/T/trust.html (219 words)

	The Bahamas Investment Authority / Incentives to Invest in The Bahamas
		The trust law in The Bahamas implies that all the trustee's powers must be stated in the trust document.
		The legislation addresses several other areas concerned with the administration validity and capacity of a settlor to a Bahamian Trust and is intended to eliminate many of the jurisdictions that may be at issue, such as concepts of forced heirship or community property.
		The Bahamian trust is considered a private agreement between the parties concerned, therefore, registration with a government agency is not required.
	www.geographia.com /bahamas/investment/trust01.htm (845 words)

	RG 409.000 - Commissioner of Banks and Trust Companies
		The Commissioner of Banks and Trust Companies, appointed by the Governor, was established in 1965 to license, examine, and regulate state-chartered banks and trust companies (L. 1965, p.
		The commissioner is responsible for the administration of the Illinois Trust Company Act of 1887 and the Illinois Banking Act of 1955.
		Annual reports are of trust companies or banks having trust departments filed with the Auditor of Public Accounts (1890-1957), Department of Financial Institutions (1957-1965), and Commissioner of Banks and Trust Companies (1965-date).
	www.sos.state.il.us /departments/archives/di/409__002.htm (449 words)

	Rebuilding Employee Trust
		A lack of trust can also be fostered by incompetence, a lack of direction, or a sense that the organization is floating.” In other words, trust is the result of countless management decisions made over a long period that help employees feel secure about their own--and the organization’s--future.
		Companies with high trust levels give employees unvarnished information about company performance; explain the rationale behind management and HR decisions (such as compensation and promotion); and encourage employee involvement and information-sharing.
		To maintain the trust levels in your organization, you have to remember that trust, in and of itself, isn’t the end result you should be aiming for.
	www.workforce.com /section/09/feature/23/33/47 (2689 words)

	TITLE 13: CHAPTER 5 - TRUST COMPANIES (Site not responding. Last check: 2007-10-29)
		(a) Every trust company shall keep all trust funds and investments separate and apart from the assets of the company and all investments made by the company as a fiduciary shall be designated so that the trust or estate to which such investments belong may be clearly identified.
		(i) Supervise and examine all trust companies organized under the provisions of this act and all such trust companies shall be subject to the laws of this state governing banks and other financial institutions in all cases where the laws do not conflict with the provisions of this act.
		If the certificate of a trust company is surrendered, suspended or revoked, the company shall continue to be subject to the provisions of this chapter for so long as it acts as a fiduciary with respect to any trust business previously undertaken.
	legisweb.state.wy.us /statutes/titles/title13/chapter05.htm (1540 words)

	trust -- Britannica Student Encyclopedia
		In the sense of this article, a trust is a form of property that a person, group of persons, or company holds and...
		The organization was incorporated by the National Trust Act in 1907, and its powers and privileges were extended by acts of Parliament in 1919, 1937,...
		Corporations that are legally authorized to serve as trustees, as executors or administrators of estates, or as guardians of the property of minors or incompetents are called trust companies.
	www.britannica.com /ebi/article-9277438 (802 words)

	Bermuda: Trust
		Following the introduction of the Trust Companies Act 1991 in Bermuda, Abacus was incorporated in 1992 in order to provide the benefits of continuity and additional security, flexibility and efficiency to its clients.
		Trust companies in Bermuda are regulated by the Bermuda Monetary Authority and must be granted a trust license by the Minister of Finance after meeting rigid criteria which include minimum capitalization requirements, adequate professional insurance coverage, suitably qualified and skilled personnel and an approved auditor.
		Instead, we customarily attempt to establish a reasonable minimum annual trustee fee having regard to the expected size of the trust fund, the complexity of the administration, the likely level of activity and degree of responsibility involved and our charges are based on the time we spend subject to that agreed minimum.
	www.pwcglobal.com /Extweb/service.nsf/docid/B4AF054118E90A6785256D2D0043853F (517 words)

	The International Tax Planning Association Library - Canadian Transnational Trust Companies - Richard Hay
		This article considers the use of the Canadian transnational trust company as a means of improving the safety of existing trust structures in light of these threats.
		The company facilitates transnational operations for a trustee with limited connections to a number of different jurisdictions (i.e., incorporation in Canada, administration in an offshore centre and directors' meeting held anywhere outside of Canada).
		The traditional alternatives, (i) moving the trust itself (through use of a flee clause), (ii) moving the trust company or (iii) pouring the assets from one structure to another, are all much more complex transactions.
	www.itpa.org /open/archive/haytransnational.html (391 words)

	Private Trust Companies (Site not responding. Last check: 2007-10-29)
		A Private Trust Company (PTC) is a company formed to act as trustee to a limited number of trusts, either for the benefit of a single family, or for the benefit of different branches of a family or for distinct (but related) family groups.
		A trust company owned by the family can afford to be more flexible in its decision taking compared to a third party trustee might need to seek indemnities from all beneficiaries before major decisions.
		The involvement of the settlor or a close family member or close personal advisors on the board of the trust company will allow the actions of the trustee to be closely monitored by the family.
	www.msi-network.com /content/cmsdoc55.asp (435 words)

	1Monitoring Credit Unions and Trust Companies in BC (Site not responding. Last check: 2007-10-29)
		Trust companies are distinguished from banks in that they offer trust management services to their customers.
		A trust company that is incorporated either federally or in another province may register in British Columbia as an extra-provincial trust company.
		The majority of trust companies in British Columbia are extra-provincial trust companies (there are 41 extra-provincial trust companies compared to six incorporated in British Columbia), and most of them are incorporated federally.
	bcauditor.com /PUBS/2000-01/Report5/sec1.htm (2555 words)

	Trust Resource Company - Trust and Asset Management - Financial Advisors
		These services are available to both those institutions contemplating the trust and asset management sector as well as those already providing these services.
		Our totally unbiased and independent services are exclusively dedicated to the trust and asset management sector of the financial services industry.
		We would be pleased to be of assistance as you contemplate the role trust and asset management services might play at your institution and assist existing service providers refine their existing strategies.
	www.trustinfo.com (304 words)

	Harris Interactive \| The Harris Poll - Why Some Companies Are Trusted and Others Are Not
		This includes knowledge of the company's management and leadership, and the position that a company may take on an important issue, such as the environment, or health and safety legislation.
		One, "deference," is generic; people with high levels of deference (e.g., they trust most companies to do the right thing when faced with a crisis, or they believe that most companies are "honest and truthful") tend to trust all companies more.
		As many corporate executives have learned, this trust is hard to earn and easy to lose, and while some aspects of trust can be addressed through good corporate communications, often when you lose trust, advertising and public relations will only do part of the job in regaining it.
	www.harrisinteractive.com /harris_poll/index.asp?PID=237 (1276 words)

	Offshore Intelligence - Bahamas
		The legislation addresses several other areas concerned with the administration validity and capacity of a settlor of a Bahamian Trust and is intended to by-pass problems which might otherwise arise, eg from concepts of forced heirship or community property.
		Some trust companies have standard trust documents in which certain standard provisions are included, often in one of the schedules.
		The Bahamian trust is considered a private agreement between the parties concerned and registration with a government agency is not required.
	www.marrache.com /offshore/bahamas/page5.htm (1083 words)

	[No title]
		For investments in a nonfinancial company that is consolidated for accounting purposes, the institution's adjusted carrying value of the investment is determined under the equity method of accounting (net of any intangibles associated with the investment that are deducted from the institution's Tier 1 capital pursuant to Paragraph (C)(1)(e) of this Rule).
		Even though the assets of the nonfinancial company are consolidated for accounting purposes, these assets (as well as the credit equivalent amounts of the company's off-balance sheet items) are excluded from the institution's risk-weighted assets.
		A nonfinancial company is an entity that engages in any activity that has not been determined to be permissible for an institution to conduct directly or to be financial in nature or incidental to financial activities under section 4(k) of the Bank Holding Company Act.
	www.dora.state.co.us /banking/rules®ulations/trustcompany/tcrulepkg.doc (8540 words)

	Henley & Partners - Jersey, Channel Islands, Jersey trusts, corporate services, company incorporations, Jersey ...
		H and P Trust Company Ltd is one of a select group of Jersey trust companies which have retained their full independence.
		H and P Trust Company Ltd forms and administers a range of trust types and structures.
		H and P Trust Company is located at Salisbury House in the centre of St. Helier, the capital town of Jersey.
	www.henleyglobal.com /jersey.htm (657 words)

	Investment Trust (Site not responding. Last check: 2007-10-29)
		Sales of investment trust ISAs recovered strongly in the first quarter of 2005 but still fell well short of sales in the same quarter last year, figures released by the Association of Investment Trust Companies show.
		Deadlines for ISA investments in the current financial year are looming and the Association of Investment Trust Companies has issued a timely warning that investors wanting to wait until the last minute before committing themselves should note that cut-off dates vary.
		Investment trusts had a better year in 2004 according to figures released from the Association of Investment Trust Companies with returns up and discounts down.
	miranda.hemscott.com /itrusts/itrusts.jsp (1669 words)

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