In such trusts, according to the rules, an appointed trustee manages the fund and communications with the official are strictly limited.
For over two centuries, the trustees have managed the tribe's land and resources.
During her absence, the trustees managed the community, but by Wright's return in 1828, Nashoba had collapsed.
If it succeeds, the court would appoint trustees to manage the union.
Since 1875 the trustees of the diocese have managed the diocesan assets.
The original price the government was asking for the 57 acres was $200,000 but the trustees managed to have the figure reduced to $40,500.
'Of course the trustees manage the business, and they do it very well,' Adam said.
Typically, a trustee manages the bulk of the estate until the heirs reach, say, their 25th birthday.
The trustee - an individual person, bank, or professional trust company - manages the assets in the trust.
The trustees must manage an ever-shrinking budget without the freedom to treat the university as a business, unless the state chooses to add financial support.