Legal Definitions - trust officer

Definition: A trust officer is a person who holds an office of trust, authority, or command. In corporate law, the term refers to a person elected or appointed by the board of directors to manage the daily operations of a corporation, such as a CEO, president, secretary, or treasurer.

Examples:

• A CEO of a corporation is a trust officer because they are elected or appointed by the board of directors to manage the daily operations of the corporation.
• A president of a corporation is a trust officer because they are elected or appointed by the board of directors to manage the daily operations of the corporation.
• A secretary of a corporation is a trust officer because they are elected or appointed by the board of directors to manage the daily operations of the corporation.
• A treasurer of a corporation is a trust officer because they are elected or appointed by the board of directors to manage the daily operations of the corporation.

These examples illustrate how a trust officer is a person who is elected or appointed to manage the daily operations of a corporation. They are responsible for making important decisions that affect the company and its stakeholders.