passive trust

A trust in which the trustee has no duty other than to transfer the property to the beneficiary.

— Also termed dry trust; general trust; nominal trust; simple trust; naked trust; ministerial trust; technical trust. See bare trustee under TRUSTEE. Cf. active trust. [Cases: Trusts 136. C.J.S. Trover and Conversion §§ 13, 243.]

---

词条贡献者

双语律师Jason，国内知名法学院民商法专业，擅长翻译有关体育博彩领域的法律文件。