Article 2023
In its dealings with third parties, the trustee is deemed to have the widest powers over the trust assets, unless it is shown that the third parties were aware of the limitation of its powers.
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Showing 9541–9550 of 33744 articles for “Art. III”
In its dealings with third parties, the trustee is deemed to have the widest powers over the trust assets, unless it is shown that the third parties were aware of the limitation of its powers.
Settlements are confined to their subject matter: the waiver made therein of all rights, actions and claims, means only that which relates to the dispute which gave rise to it.
A trust contract is void if it proceeds from a liberal intention for the benefit of the beneficiary. This nullity is of public order.
When the trust contract terminates in the absence of a beneficiary, the rights, property or securities present in the trust patrimony revert ipso jure to the settlor.When it terminates through the dea…
When the trustee acts on behalf of the trust, he or she must expressly mention this. Similarly, when the trust assets include property or rights whose transfer is subject to publicity, the transfer mu…
Transactions settle only those disputes which are included in them, whether the parties have manifested their intention by special or general expressions, or whether that intention is recognised by a…
A trust is a transaction by which one or more settlors transfer property, rights or security interests, or a bundle of property, rights or security interests, present or future, to one or more trustee…
On pain of nullity, the trust contract and its amendments shall be registered within one month of their date with the tax department of the trustee's registered office or with the non-resident tax dep…
A national register of trusts shall be set up in accordance with procedures specified by decree in the Conseil d'Etat.
The fiduciary is liable, out of his own assets, for any faults he commits in the performance of his duties.
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