13:13
I’m just tryna be like him fr fr
Warning
Info
Warning
Info
LSDefine
Simple English definitions for legal terms
jus fiduciarium
Read a random definition: immobilis
A quick definition of jus fiduciarium:
Term: JUS FIDUCIARIUM
Definition: Jus fiduciarium is a legal term that refers to a right in trust. It is a concept in civil law that involves a person or entity holding property or assets on behalf of another person or entity. This is similar to a trustee holding assets for a beneficiary. Jus fiduciarium is different from jus legitimum, which refers to a legal right that is recognized by law.
A more thorough explanation:
JUS FIDUCIARIUM
Jus fiduciarium is a Latin term used in civil law to refer to a right in trust. It is a legal concept that involves a relationship between two parties, where one party (the trustee) holds property or assets for the benefit of the other party (the beneficiary).
An example of jus fiduciarium is when a person creates a trust to hold their assets for the benefit of their children. The trustee has a legal obligation to manage the assets in the best interest of the beneficiaries and to follow the terms of the trust agreement.
Another example is when a company appoints a trustee to hold shares of stock on behalf of its employees. The trustee has a fiduciary duty to act in the best interest of the employees and to manage the shares in accordance with the terms of the trust agreement.
Jus fiduciarium is a legal concept that is used to establish a relationship of trust between two parties. The trustee is responsible for managing the assets or property for the benefit of the beneficiary, and has a legal obligation to act in their best interest. The examples illustrate how jus fiduciarium is used in practice, and how it can be used to protect the interests of beneficiaries.