| 单词 | active trust |
| 释义 | > as lemmasactive trust active trust n. Law a trust that imposes administrative or management duties on the trustee other than that of simply transferring the trust property to the beneficiary; cf. passive trust n. at passive adj. and n. Compounds. ΚΠ 1826 Prop. Lawyer 2 Index 579/2 Further division into active trusts, and passive trusts. 1827 G. D. B. Beaumont Observ. Code Real Prop. 15 The third class, or an estate to the use of one to pay the profits of the land to another, come under the distinction of ‘active trusts’, which are proposed to be retained. 1949 Michigan Law Rev. 47 926 The same sort of reversionary interest, by way of resulting trust, remains in the settlor of an active trust where the trust instrument does not make a complete disposition of the equitable title upon all possible contingencies. 2002 Cambr. Law Jrnl. 61 683 Address other important features of trusteeship such as the obligation of management in active trusts. < as lemmas |
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