信托

After the end of trust , the possessor of trust property is accepter .

信托成立前，信托财产归属委托人所有，信托终止后，信托财产归财产接受人所有。

Then,how to define the right,obligation and liability of the trustor,trustee and trust beneficiary,which are all arising from the trust property,is discussed to demonstrate whether the separation of right due to the assignability of trust property and the rules to protect the trust property right based on the L.

在此基础上，对信托财产权在委托人、受托人及受益人之间围绕信托财产所产生的一系列权利、义务和责任应如何界定，由信托财产可转让性产生的权利分离以及我国信托法关于信托财产权的保护规则是否符合效率原则等问题进行了论证。

Chapter 5:Analyzing and comparing the money trust in which the trustee has the authority to make decisions over the allocation of trust assets, including full fiduciary discretionary investment business, collective trust fund management and employment Account, common trust fund and discretionary individually / collectively managed money trust, meanwhile, proposing some suggestions.

第五章：针对信托业具有运用决定权之金钱信托业务，包括全权委托投资业务、信托资金集合管理运用帐户、共同信托基金及不指定单独管理运用金钱信托之管理运用实务及法制问题做探讨及分析比较，并提出若干建议。

If for any reason this gift is not operative or is invalid, or if the aforesaid Trust fails or has been revoked, I give my residuary estate to the Trustee or Trustees named to act in the MICHAEL JACKSON FAMILY TRUST, as Amended and Restated on March 22,2002, and I direct said Trustee or Trustees to divide, administer, hold and distribute the trust estate pursuant to the provisions of said Trust, as hereinabove referred to as such provisions now exist to the same extent and in the same manner as though that certain Amended and Restated Declaration of Trust, were here in set forth in full, but without giving effect to any subsequent amendments after the date of this Will.

如果因为任何原因，这份礼物是不是执行或无效，或如果上述信托失败或已被撤销，我把我的剩余遗产的受托人行事命名的MichaelJackson家族信托基金，经修订和重于3月二十二日，我直接说受托人划分，管理，持有和散发依照信托财产的规定表示信任，hereinabove称为现在存在这样的规定，在相同的程度，并以同样的方式，好像某些修订的，重申信托声明，是在充分阐述，但不考虑任何后来的修正案的日期后这将。

The author thinks that clean-hand doctrine and legal policy do not provide reasonable foundation for the inapplicability of resulting trust. The civil law cites civil remedy for trust deepens the conflicts between two legal traditions, ignores the differences of the two remedy methods in effects, and neglects the particularity of trust. The inherent systems of resulting trust shall be introduced for the remedy.

笔者认为，"净手原则"和法律政策并没有为不适用回复信托提供合理的依据，大陆法系的信托法援用民法的救济方式，加深了两大法系之间的冲突，忽视了不当得利救济和回复信托救济在效力上的差异，忽视了信托的特殊性，应引入信托法本身固有的回复信托制度。

C To exercise the power of appropriation conferred upon Personal Representatives by law and in extension thereof may at any time at its discretion appropriate any part of my Residuary Estate in its then actual condition or state of investment in or towards satisfaction of any legacy or share in my Residuary Estate but without the necessity obtaining the consent of any person.

在不影响第五条项规定的总体含义的前提下，我的受托人在行使投资运做权的时候，应当有权自主使用我的余产的任何一部分进行投资，或者根据此遗嘱委托协议，要求向由我的受托人的合作人担任联合信托机构的部门经理的，或者担任联合信托机构的经理和受托人的，或者是联合信托机构其他所有人的联合信托机构部门进行投资。

After analyzing the meanings of voting trust, the author deems that voting trust is in essence the combination of trust and shareholders'voting right.

本章首先对表决权信托制度的含义进行分析，认为表决权信托本质上是信托制度在股东表决权领域的运用、是股东表决权和信托制度联姻的产物。

Thus, on the one hand, voting trust is one kind of trust; on the other hand, it is influenced by quality of shareholders'voting right.

同时，正是因为表决权信托是信托制度在股东表决权领域的运用，表决权信托在带有信托制度色彩的同时，也彰显着股东表决权的影子。

The author considers modification of voting trusts as modification of management modes, modification of trustees and modification of the voting trust certificate holders.

本文将表决权信托的变更界定为表决权信托管理方法的变更以及表决权信托受托人和表决权信托证书持有人的变更。

This article studies the connotation of invalidation of entrust and acquits the system s function in regulating the entrust , the factors of invalidation of entrust and the harnessing of the invalidation .

研究了信托行为失效的内涵及表现，制度在规范信托行为中的作用，信托行为失效产生的制度运行机理以及从制度的角度寻求对信托行为失效的治理。

As she looked at Warrington's manly face, and dark, melancholy eyes, she had settled in her mind that he must have been the victim of an unhappy attachment.

每逢看到沃林顿那刚毅的脸，那乌黑、忧郁的眼睛，她便会相信，他一定作过不幸的爱情的受害者。

Maybe they'll disappear into a pothole.

也许他们将在壶穴里消失