fibo-be-tr-tr:Trustee leaf node


URI

https://spec.edmcouncil.org/fibo/ontology/BE/Trusts/Trusts/Trustee

Label

trustee

Description

party that holds and manages assets for the benefit of another

Usage

Instances of fibo-be-tr-tr:Trustee can have the following properties:

PROPERTYTYPEDESCRIPTIONRANGE

Implementation

@prefix cmns-av: <https://www.omg.org/spec/Commons/AnnotationVocabulary/> .
@prefix cmns-bauth: <https://www.omg.org/spec/Commons/BusinessAuthorizations/> .
@prefix cmns-col: <https://www.omg.org/spec/Commons/Collections/> .
@prefix cmns-org: <https://www.omg.org/spec/Commons/Organizations/> .
@prefix cmns-pts: <https://www.omg.org/spec/Commons/PartiesAndSituations/> .
@prefix cmns-rlcmp: <https://www.omg.org/spec/Commons/RolesAndCompositions/> .
@prefix fibo-be-tr-tr: <https://spec.edmcouncil.org/fibo/ontology/BE/Trusts/Trusts/> .
@prefix owl: <http://www.w3.org/2002/07/owl#> .
@prefix rdfs: <http://www.w3.org/2000/01/rdf-schema#> .
@prefix skos: <http://www.w3.org/2004/02/skos/core#> .
@prefix xsd: <http://www.w3.org/2001/XMLSchema#> .

fibo-be-tr-tr:Trustee a owl:Class ;
    rdfs:label "trustee" ;
    rdfs:isDefinedBy fibo-be-tr-tr: ;
    rdfs:subClassOf [ a owl:Restriction ;
            owl:onProperty cmns-rlcmp:isPlayedBy ;
            owl:someValuesFrom [ a owl:Restriction ;
                    owl:allValuesFrom fibo-be-tr-tr:Trust ;
                    owl:onProperty cmns-col:isMemberOf ] ],
        [ a owl:Restriction ;
            owl:onProperty cmns-rlcmp:isPlayedBy ;
            owl:someValuesFrom [ a owl:Restriction ;
                    owl:allValuesFrom fibo-be-tr-tr:Trust ;
                    owl:onProperty cmns-org:manages ] ],
        [ a owl:Restriction ;
            owl:onProperty cmns-rlcmp:isPlayedBy ;
            owl:someValuesFrom [ a owl:Restriction ;
                    owl:onClass fibo-be-tr-tr:TrustAgreement ;
                    owl:onProperty cmns-pts:isAPartyTo ;
                    owl:qualifiedCardinality "1"^^xsd:nonNegativeInteger ] ],
        cmns-bauth:LegallyDelegatedAuthority,
        cmns-org:OrganizationMember ;
    skos:definition "party that holds and manages assets for the benefit of another" ;
    cmns-av:explanatoryNote "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 agreement. 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." .