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The System Of Charitable Trust Trustee In China

Posted on:2012-06-06Degree:MasterType:Thesis
Country:ChinaCandidate:B SunFull Text:PDF
GTID:2219330341451302Subject:Economic Law
Abstract/Summary:PDF Full Text Request
Public welfare commitment the important task of maintaining social fairness and justice.It carrys the good wishes and the pursuit of human.The law should provide system of prosperity and public welfare.The system of Charitable Trust was widely used in common law countries and was recognized in Japan, Korea and other civil law countries with the unique advanteages of stablished easily ,operated flexibly,beneficiary protection strictly and so on.It plays a great role in promoting development of social welfare.Donated property engaged in public welfare activities mainly through the form of Foundation in our country. Charitable Trust and Foundation both have their own strengths. Charitable Trust can effectively improve some problems in the running of the Foundation.Unfortunately, Charitable Trust development slowly since the system of it beginning in our country.The Charitable Trust itself can hardly have been widely recognized. Reasons for this situation is very complicated,Because of trustee at the core of relationship in law.It is very important of the selection from Public Trustee. In the practice of public trust. Principal act the trust as a only option.This limitation is one of the most important reason for restricting the development of public trust.Our Foundation has experience and social infrastructure engaged in public service activities.It has common value with the Public Trust,so more suitable as a public trustee of the trust.We need legislation,system and establish a foundation trustee of a trust-based system of public.This article compared Charitable Trust with Foundation, proving the necessity of development of public trusts.It researched some related cases and successful experiences from other countries.It proposed the choice of trustee public choice and the establishment of system.
Keywords/Search Tags:Charitable Trust, Trustee, Foundation, Trust
PDF Full Text Request
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