| 释义 |
trust corporation
The Public Trustee, or a corporation either appointed by the court to act as trustee or entitled under rules created under the Public Trustee Act 1906 to be a custodian trustee, or certain other persons (e.g. the Treasury Solicitor). A trust corporation may exercise all the powers that would otherwise require two trustees (e.g. selling land). The clearing banks and others have subsidiary companies that are trust corporations. |