Trustee Rights and Powers: A Taxonomical Analysis

This article examines what differences there are, if any, between the rights and powers of a trustee. Although these terms are commonly applied to distinguish between various aspects of trusteeship, there is no clear explanation of the basis of this taxonomy. This article argues that there is no con...

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Main Author: Christopher Chiam
Format: Article
Language:English
Published: Bond University
Series:Bond Law Review
Online Access:http://blr.scholasticahq.com/article/11637-trustee-rights-and-powers-a-taxonomical-analysis.pdf
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author Christopher Chiam
author_facet Christopher Chiam
author_sort Christopher Chiam
collection DOAJ
description This article examines what differences there are, if any, between the rights and powers of a trustee. Although these terms are commonly applied to distinguish between various aspects of trusteeship, there is no clear explanation of the basis of this taxonomy. This article argues that there is no conceptual difference between these two terms, and that they should merely be seen as labels of convenience and convention. As a result, the law should be understood as giving trustees a range of abilities, with there being no principled difference between what are commonly called rights and powers. This conclusion not only answers an unresolved taxonomical issue, but may also have implications for statutory interpretation and the constraints that trustees have when they exercise functions vested in them.
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spelling doaj.art-d744b1cf8c50425f8692c5b4eb2043c72022-12-22T00:52:00ZengBond UniversityBond Law Review2202-4824Trustee Rights and Powers: A Taxonomical AnalysisChristopher ChiamThis article examines what differences there are, if any, between the rights and powers of a trustee. Although these terms are commonly applied to distinguish between various aspects of trusteeship, there is no clear explanation of the basis of this taxonomy. This article argues that there is no conceptual difference between these two terms, and that they should merely be seen as labels of convenience and convention. As a result, the law should be understood as giving trustees a range of abilities, with there being no principled difference between what are commonly called rights and powers. This conclusion not only answers an unresolved taxonomical issue, but may also have implications for statutory interpretation and the constraints that trustees have when they exercise functions vested in them.http://blr.scholasticahq.com/article/11637-trustee-rights-and-powers-a-taxonomical-analysis.pdf
spellingShingle Christopher Chiam
Trustee Rights and Powers: A Taxonomical Analysis
Bond Law Review
title Trustee Rights and Powers: A Taxonomical Analysis
title_full Trustee Rights and Powers: A Taxonomical Analysis
title_fullStr Trustee Rights and Powers: A Taxonomical Analysis
title_full_unstemmed Trustee Rights and Powers: A Taxonomical Analysis
title_short Trustee Rights and Powers: A Taxonomical Analysis
title_sort trustee rights and powers a taxonomical analysis
url http://blr.scholasticahq.com/article/11637-trustee-rights-and-powers-a-taxonomical-analysis.pdf
work_keys_str_mv AT christopherchiam trusteerightsandpowersataxonomicalanalysis