Companies often involve trustees in debt offerings, mergers, and other situations involving two parties, a large amount of money , and conditions under which the money moves between the parties. The trustee can, therefore, serve his own interests. The Trump era has created a new dilemma for Republican congresspersons, now forced to reconcile the preferences of their base with their potentially contradictory personal beliefs. The trustee has control over … A trustee is a member of congress who votes on an issue focused on the greater good of the country rather than the intent of a constituent. Trustee, in Anglo-American law, a person in whom title to property held in trust is vested and who performs the acts of trust administration. Trustee definition, a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc. Recent Examples on the Web But public trusteeship for broadcast and diverse ownership began to unravel with the libertarian shift of the Reagan era. Who is more likely to be a trustee? A senator is because a senator is responsible for an entire state- and therefore, more people, rather than the ones in a district. This highlights an under-examined question in political theory. "A trustee, on the other hand, is a representative who casts votes based on what he or she thinks is best. Mill (1962 [1861], 241) focused on the By definition, this type of trust can be dissolved or its terms and beneficiaries changed by the grantor at any given time. Thus, whether the public evaluates the executive based on the policies she chooses or the outcomes that her policies generate determines whether elections encourage her to be-have as a delegate or a trustee. Trusteeship definition is - the office or function of a trustee. A blind trust is a trust established by the owner (or trustor) giving another party (the trustee) full control of the trust. In the ordinary case, trusteeship will be ‘full’ in the sense that the trustees will have vested in them the property subject to the trust together with the powers of management enabling them to discharge their functions. For example, in his critique of delegate representation, J.S. focuses on two factors { the competence and preferences of politicians { that political theorists who study delegate and trustee representation have long recognized as playing a central role in elections. Some of the more common powers of trustees are to sell assets, make investments, collect and distribute income, make leases, or carry on the business of the creator of the trust. The trustee also monitors Company XYZ's compliance with the agreements and communicates with the bondholders when the issuer is not in compliance. trustee, i.e., she has an electoral incentive to use her expertise and pursue policies that she believes pro-mote the general welfare. The Case For the Trustee Model of Representation. Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. Some members blend both approaches, behaving as a … trustee a person appointed to hold TRUST property and, in the case of an active trust, to administer it for the benefit of the beneficiaries. See more.