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The Automobile Information Disclosure Act of 1958, 15 U.S.C. §§ 1231–1233, was passed in June 1958 by Congress and took effect in January 1959. It was sponsored by Oklahoma Senator Mike Monroney , after whom the resulting " Monroney sticker " was named.
On September 26, 2011, California Governor Jerry Brown signed California Law AB 1215 into law. [1] Authored by Bob Blumenfield (D-Woodland Hills), the legislation accomplished three goals: (1) increasing the fees that California car and truck dealers can charge for licensing, (2) requiring dealers to use Electronic Titling and (3) governing how automobile dealers disclose previously damaged ...
Duty of disclosure: ... However, as a fiduciary, the trustee must make decisions that are in the beneficiary’s best interests. A guardian and ward. In this relationship, an adult (the guardian ...
The trustee must also keep adequate records of the administration of the trust generally. [66] All trust property must stay separate from the trustee's own personal property and must not be "commingled." [67] A trustee can hold certain securities, usually publicly traded ones, in a "street name" or nominee registration for ease of management. [68]
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The Trustee Sale Guarantee provides the Trustee with the addresses and names of these parties. Additionally, the state law of California requires notices of the sale to be published in a general circulation published and printed newspaper in the judicial district or state as well as may designate a specifically qualified newspaper where the ...
The trustee is the legal owner of the assets held in trust on behalf of the trust and its beneficiaries. The beneficiaries are equitable owners of the trust property. Trustees have a fiduciary duty to manage the trust for the benefit of the equitable owners. Trustees must provide regular accountings of trust income and expenditures.
As it stands, the Social Security Trustees expect the program to deplete its trust fund by 2033. At that point, incoming tax revenue will only cover an estimated 79% of scheduled benefits.