Simple English definitions for legal terms
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Definition: A trust officer is a person who holds an office of trust, authority, or command. In corporate law, the term refers to a person elected or appointed by the board of directors to manage the daily operations of a corporation, such as a CEO, president, secretary, or treasurer.
Examples:
These examples illustrate how a trust officer is a person who is elected or appointed to manage the daily operations of a corporation. They are responsible for making important decisions that affect the company and its stakeholders.