Trustee duties and responsibilities

ninty99 · 2015-02-26 14:31:29

Just wondering if anyone knows when terminating a trust for a community is there a need for a public meeting held in order to discharge a trustees duties? The trustees are holding a piece of land and money to do a project for a local community, they are now transferring the money and piece of land to another orgaination to…

26-02-2015 02:31PM

#1
ninty99

Registered Users, Registered Users 2 Posts: 15 ✭

Join Date: September 2009

Posts: 7
Just wondering if anyone knows when terminating a trust for a community is there a need for a public meeting held in order to discharge a trustees duties? The trustees are holding a piece of land and money to do a project for a local community, they are now transferring the money and piece of land to another orgaination to complete the project. if the public meeting is not held could the trustees become personal liable?

Tagged:

law

duties

trustee

responsibilities

trust law

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