trustee, i.e., she has an electoral incentive to use her expertise and pursue policies that she believes pro-mote the general welfare. A blind trust is a trust established by the owner (or trustor) giving another party (the trustee) full control of the trust. Some members blend both approaches, behaving as a … trustee a person appointed to hold TRUST property and, in the case of an active trust, to administer it for the benefit of the beneficiaries. The Trump era has created a new dilemma for Republican congresspersons, now forced to reconcile the preferences of their base with their potentially contradictory personal beliefs. Thus, whether the public evaluates the executive based on the policies she chooses or the outcomes that her policies generate determines whether elections encourage her to be-have as a delegate or a trustee. The Case For the Trustee Model of Representation. A senator is because a senator is responsible for an entire state- and therefore, more people, rather than the ones in a district. The trustee also monitors Company XYZ's compliance with the agreements and communicates with the bondholders when the issuer is not in compliance. Some of the more common powers of trustees are to sell assets, make investments, collect and distribute income, make leases, or carry on the business of the creator of the trust. Mill (1962 [1861], 241) focused on the focuses on two factors { the competence and preferences of politicians { that political theorists who study delegate and trustee representation have long recognized as playing a central role in elections. In the ordinary case, trusteeship will be ‘full’ in the sense that the trustees will have vested in them the property subject to the trust together with the powers of management enabling them to discharge their functions. Trustee (or the holding of a trusteeship) is a legal term which, in its broadest sense, is a synonym for anyone in a position of trust and so can refer to any person who holds property, authority, or a position of trust or responsibility to transfer the title of ownership to the person named as the new owner, in a trust instrument, called a beneficiary. Trustee definition, a person, usually one of a body of persons, appointed to administer the affairs of a company, institution, etc. A trustee is a member of congress who votes on an issue focused on the greater good of the country rather than the intent of a constituent. Trusteeship definition is - the office or function of a trustee. For example, in his critique of delegate representation, J.S. The trustee has control over … "A trustee, on the other hand, is a representative who casts votes based on what he or she thinks is best. This highlights an under-examined question in political theory. By definition, this type of trust can be dissolved or its terms and beneficiaries changed by the grantor at any given time. Who is more likely to be a trustee? Companies often involve trustees in debt offerings, mergers, and other situations involving two parties, a large amount of money , and conditions under which the money moves between the parties. Trustee, in Anglo-American law, a person in whom title to property held in trust is vested and who performs the acts of trust administration. Recent Examples on the Web But public trusteeship for broadcast and diverse ownership began to unravel with the libertarian shift of the Reagan era. The trustee can, therefore, serve his own interests. See more.