Prior to the 1961 Act, the areas trustees could invest in were based on the Trustee Act 1925, which set up a "Statutory Lists" system.

Upon receipt of the proceeds of sale the trustees must invest them for the tenant for life and that person's successors in title.

A trustee invests their money and is prohibited from discussing any of the account's holdings with the politician.

No trustee or their family and no staff member of either museum can invest in this company should it go public.

The classic example of defalcation is when a trustee recklessly invests trust funds and loses the money.

The trustees of the congregation invested the proceeds of the sale "in case, miraculously, enough Jewish people moved here to start another congregation."

Not realizing the severity of the economic downturn, in 1932 the trustees of the school invested $45,000 to build Maxwell Savage Hall.

So for eighty years he had had no expenses and an income which his trustees had invested very wisely.

The trustees invested 75% of this in mortgages to Irish landowners at a yield of 4.25% or 4.75% per annum.

The trustees can invest the funds as they consider appropriate to the needs of the SSAS pension scheme.