Sentence examples for because of trustee from inspiring English sources

He adds that because of trustee liability, charity investments should be risk-averse, but rental income is reasonably dependable and is subject to a transparent contract.

Its spaces set a standard for display that seems to have been lost in Manhattan, and it was lost, again, because of trustee arrogance and administrative mismanagement that put too many of the Dia's eggs in its Beacon, N.Y., basket.

Within English trusts law, a standard express trust has a relationship between the trustees and the beneficiaries; this does not apply to charitable trusts, partially because of the special definition of trustee used and partially because there are no individual beneficiaries identified in a charitable trust.

Back in 1993, the Sixth circuit said that investment management fees paid by a trust are fully deductible if they were incurred because of the trustee's fiduciary duties.

Minutes of trustee meetings.

§ 714.42 Designation of trustee.

The complaint said the SUNY trustees had violated the state's Open Meetings Law by holding a private committee meeting before they voted, which was in effect an illegal meeting because a quorum of trustees were present.

"Because the board of trustees has not been able to meet its fiduciary responsibilities to monitor the financial status of the university and the actions of the administration," they wrote, "we fear the possibility that there has been a 'serious violation of the public trust' as defined by New York State".

Further, in many cases, because their boards of trustees (who hire and fire the president) themselves are often so deeply divided about politics, presidents are justifiably afraid to put their very jobs (and careers) in jeopardy.

Among its defenses is that, while out-of-classroom tweets like his would not lead to a faculty member's firing, Salaita wasn't really a faculty member because the board of trustees hadn't yet rubber-stamped his appointment.

And there's one more catch: charities can't suffer "significant" financial detriment because of their trustees' ethical qualms.