trustee investments
Definition
Trustees are usually charged with investing trust funds productively in a reasonable, prudent manner. In general, however, they may not invest in securities other that those authorized by the relevant statute and are restricted only to investment grade securities (rated 'Baa', 'BBB' or higher). Also called authorized investments.
trustee investments is in the Banking, Commerce & Finance and Corporate, Commercial, & General Law subjects.
trustee investments appears in the definition of the following term: authorized investments
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