The phrase "acts as a trustee" is correct and usable in written English.
It can be used in contexts where someone is performing the role or duties of a trustee, often in legal or financial discussions.
Example: "In this agreement, the appointed individual acts as a trustee, managing the assets on behalf of the beneficiaries."
Alternatives: "serves as a trustee" or "functions as a trustee."
In particular, they are upset by the government's mismanagement of the Individual Indian Money (IIM) trust accounting system.Under this arrangement, the United States acts as a trustee on behalf of around 500,000 Indian landowners.
The division, which acts as a trustee for corporate and municipal bondholders, will add 20,000 clients and $689 billion in assets under management, a U.S. Bancorp spokesman, Steve Dale, said.
DT acts as a trustee, providing a shroud of protection that prevents Microsoft from complying with future U.S. court orders for data.
The Commission also acts as the Official Custodian for Charities, who acts as a trustee for charities at the direction of the Commission.
First, it acts as a trustee for carbon credits sold by brick producers in South Asia through a Clean Development Mechanism sponsored by the United Nations Framework Convention on Climate Change.
Each trustee must read and sign a trustee declaration form to confirm they can act as a trustee.
For the other four, Ms. Rockwood said, Wells Fargo acted as a trustee and had no responsibility for maintaining the properties.
Set up as a nominee company to act as a trustee or an executor of a will, this entity does not reveal its ownership on records at Companies House.
Especially not while we swaddle ourselves with Gandhi's pious humbug about the superiority of "the non-violent way" and his notion of Trusteeship: "The rich man will be left in possession of his wealth, of which he will use what he reasonably requires for his personal needs and will act as a trustee for the remainder to be used for the good of society".
You have full control of the assets and deal with them just as before, except you act as a trustee instead of individual owner.
These may include banks, trust companies, or any other entity approved by the IRS to act as a trustee or custodian.
