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In addition, I give to my Executors full power to invest and reinvest the estate funds and assets in any kind of property, real, personal or mixed, and every kind of investment, specifically including, but not by way of limitation, corporate obligations of every kind and stocks, preferred or common, and interests in investment trusts and shares in investment companies, and any common trust fund administered by any corporate executor hereunder, which men of prudent discretion and intelligence acquire for their own account.

此外,我给我的遗嘱执行人充分权力的投资和再投资房地产的资金和资产在任何种类的财产,真正的,个人或混合,以及每一种投资,特别是包括,但不限制的方式,企业承担的义务每一种与股票,优先股或普通,和利益的投资信托基金和股票投资公司,以及任何共同信托基金管理的任何公司执行人,这些男子的谨慎判断和掌握的情报为自己的帐户。

A foreign partnership, a foreign simple trust, or a foreign grantor trust (see instructions for exceptions).

国外的合伙制公司、国外的简单信托、或国外的授予人信托。

The Manville Trust had more new claims last year than in any year – and the company last mined and sold asbestos 35 years ago.

Manville 个人伤害赔偿信托基金,是在 Johns Manville 破产之后,从原来的营业单位中提拨一定的资金而成立的,后来 Berkshire 买下其营业单位,至於这些基金则转为信托以支付石绵案赔偿,结果该基金去年实际赔偿的件数创下新高,而该公司最后一次出售石绵产品已经是35年前的事了。

Among it, settlor's supervision is power with freedom, protector's supervision is fiducial power only for benefit of beneficiary; Value of disclose duty consists in supervision, and from the viewpoint of benefiting supervision, disclose duty should be reinforced in the respect of content and character of regulation; Supervision mechanism has limitations, so design of correlative system such as reinforcement of legal remedy should be noted.

其中,委托人的监督权是附带自由的权力而非权利,信托监察人的监督权是为受益人利益而存在的受信性权力。本章还指出,披露义务的制度价值在于监督,从有利于监督的角度,无论是在规范内容还是性质方面,披露义务都应予以强化。本章最后指出,信托监督弱于公司的监督,为此,应注意强化法律救济等制度设计。

At present, the enterprise can be financed through bank loans, there are alternative channels of distribution trust schemes, the territory of a company is listed, issue corporate bonds, pawn, REITs, overseas listing, but these financing channels are also not very satisfactory, higher financing costs, more restrictions.

目前,企业可通过银行贷款融资,有选择分销渠道信托计划,境内上市公司,发行公司债券,典当,房地产投资信托基金,海外上市,但这些融资渠道也不是很满意,高融资成本,更多的限制。

Voting Trust as a new form in a trust system, have great significance for protectinterests of middle-small shareholders, as well as improve their corporate governance structure.

表决权信托作为信托制度中的一种新的表现形式,对于保护中小股东的利益以及完善公司治理结构方面具有重大意义。

In the operation of American companies, the system of voting trust plays a unique role, such as ensuring stability and continuity of company governance, safeguarding the interests of creditors and assisting the restructuring of the company, in particular, it has operation significance for protecting the rights and interests of minority shareholders.

股东表决权信托制度是起源于美国并已发展到较为成熟的一种股东表决权行使的法律制度,是在公司法框架下引入信托制度,以实现公司控制权为目标的独特设计,对于保护中小股东利益等方面具有积极的现实意义。

If thisAgreement is e xecuted by a trust, uni ncorporated as sociation, partnership

如果本协定由信托组织、非公司协会、合伙组织、托管组织或其他信托

The banking regulatory bureau of the place where a trust and investment company is located shall prudently examine and approve the company's application for changing its business scope and reissuing a new financial license in strict accordance with the New Measures and the relevant provisions of this Notice, in light of the trust and investment company's overall operation status, system construction and arrangement of professionals and on the basis of such elements as the clearing effects of the industrial investment under the inherent items, the business adjustment and the liquidity arrangement for assembled fund trust plans, which continues to exist, etc.

十二、所在地银监局要严格按照《新办法》和本通知有关规定,根据信托投资公司整体经营状况、制度建设和专业人员配备情况,结合公司固有项下实业投资清理效果、业务调整和存续集合资金信托计划的流动性安排等要素,审慎核准其变更业务范围和换发新的金融许可证的申请。

Emerging competition between TICs and banks, and first signs of the erosion of the Credit plan, led to the first of the clampdowns on TICs of the reform period, and in the consolidation of 1982, non- financial institutions were forbidden to set up TICs, and only banks were permitted to enter this business.

当信托和银行产生竞争的时候,信贷计划就不能较好的实施,这就导致了1982年中国信托投资公司的第一次改革,非银行金融机构被禁止设立信托部门,只有银行被允许进入这一领域。

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