Sentence examples for enforced trust from inspiring English sources

Ironically, many blockchain applications also have a shot at replacing legacy Web applications, at the same time as they will replace legacy businesses that cannot loosen their grips on heavy-handed centrally enforced trust functions.

These companies can verify identities, enforce trust and access the behavioral and financial data necessary to provide better policies than many insurance incumbents in those countries.

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Also, a new rule was enforced: "never trust a bolted joint any longer than is necessary to put a riveted one in place".

For these to be valid, the person seeking to enforce the trust must prove that the testator intended to form a trust, that this intention was communicated to the trustee, and that the trustee accepted his office.

Having admitted external evidence to establish the trust exists, any claim that the formality requirement is further weakened by enforcing the trust is not strong.

Once they do, the authors said, shareholders should then be able to experiment, in the market, to find the best ways of exerting such ownership.Essentially, Messrs Monks and Sykes want governments to enforce existing trust law, which already requires fund managers and other fiduciaries to act solely in the interests of their beneficiaries.

Should a default occur, the LLC can begin proceedings to enforce the trust deed.

As in McCormic v Grogan, the standard is high; the person trying to enforce the trust must show "most clearly and distinctly" that it exists.

Michlmayr et al. [50, 52] argue that a set of clear policies and deadlines, which are followed and enforced, helps build trust in complex FOSS projects.

Thus it may be argued that despite the difficulties, a half-secret trust should be enforced if fully secret trusts are.