Speaking for anybody else who falls asleep reading trust law, could you please try to share your revelation?
Speaking for anybody else who falls asleep reading trust law, could you please try to share your revelation?
(1) A fiduciary is an agent of the principal who has duty and obligation to the principal. A fiduciary must be loyal to the principal. The principal has trust, faith in the fiduciary.
(2) The fiduciary has legal title to property under common law. A trustee is a fiduciary. The beneficiary has no legal title to the property. The beneficiary obtains the use of the property.
(3) Courts of equity and common law were merged by way of the Judicature Acts in England. As a result, the concept of fiduciary duty became usable in common law courts. This could be one of the real reasons why equity and law were merged.
(4) Fiduciary duty imposes a higher duty of care and stricter standard than does comparable tortious duty of care at common law.
(5) If operating in an office of trust, a bond as well as an oath may be required.
(6) Fiduciary duties may be imposed by the courts by way of constructive trust.
As an aside, I am thinking a license may be fiduciary relationship. The government acts as principal with the driver as fiduciary.
Last edited by shikamaru; 04-30-11 at 04:17 PM.
Trustguy was the first person to stick in my head that the US Constitution is a trust.
I have heard this concept echo by a few others with the Paddleford case in support thereto.
The offices of trust will require oaths and maybe even performance bonds.
you know not to usurp this thread but i just took a good look at your avatar and it reminds me a lot of the Torroid that Randy Powell forms with Vortex Math. The fire in the belly of the two headed eagle is approximately right where the Vortex would go into itself and come out the other side.
Vortex Math
Think about the US Treasury being placed into Trust by the Principal - Lincoln - and the Trustee is US Military. This was done at the time of the Republics; I believe that in reality the US Military is holding the Property Rights of the Republics - stop to think of the value stored - 2011- 1863 +/- @ a minimal interest rate is staggering!
The trust being Lieber Code
Lieber+Code+of+1863+-+_Extremely+important+document_.pdf
The blessing is in the hand of the doer. Faith absent deeds is dead.
Lawful Money Trust Website
Divine Mind Community Call - Sundays 8pm EST
ONE man or woman can make a difference!
The blessing is in the hand of the doer. Faith absent deeds is dead.
Lawful Money Trust Website
Divine Mind Community Call - Sundays 8pm EST
ONE man or woman can make a difference!