How can you be the trustee of something you are the ONLY one that can give value to..???
An individual or organization which holds or manages and invests assets for the benefit of another. The trustee is legally obliged to make all trust-related decisions with the beneficiary's interests in mind, and may be liable for damages in the event of not doing so. Trustees may be entitled to a payment for their services, if specified in the trust deed. In the specific case of the bond market, a trustee administers a bond issue for a borrower, and ensures that the issuer meets all the terms and conditions associated with the borrowing.
Printed copy · Anthology Volume 6, page 1063Printed copy from The Tender For Law Anthology, Volume 6, page 1063 (printed 13 June 2014). Added by this site; not part of the Facebook export.