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Compañía XXX, como fideicomitente Y FIDEICOMISARIO EN SEGUNDO LUGAR,

English translation: Trustor; sencond trustee;

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GLOSSARY ENTRY (DERIVED FROM QUESTION BELOW)
Spanish term or phrase:Compañía XXX, como fideicomitente Y FIDEICOMISARIO EN SEGUNDO LUGAR,
English translation:Trustor; sencond trustee;
Entered by: Esther Hermida
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10:36 Feb 6, 2001
Spanish to English translations [Non-PRO]
Law/Patents
Spanish term or phrase: Compañía XXX, como fideicomitente Y FIDEICOMISARIO EN SEGUNDO LUGAR,
El buñuelo jurídico completo es el siguinte:

Compañía XXX, como fideicomitente Y FIDEICOMISARIO EN SEGUNDO LUGAR, y el Banco YYY como FIDUCIARIO, representado por sus FIDUCIARIOS DELEGADOS.

Isn't "fideicomisario" and "fiduciario" the same thing? What's a "fideicomisario EN SEGUNDO LUGAR?
Is there such a thing a "PROXY FIDUCIARIES" OR "PROXY TRUSTEES"?

Hueso duro de roer, pero vamos a ver qué hacemos.
palomo
Trustor; sencond trustee;
Explanation:
According to Butterworths:

Fideicomisario: Trustee; Trust beneficiary; representative of deventure holders; executor. adj, trust.

Fiduciario: Trustee; type of trustee who is viewed as a first heir to hold property under stated conditions for a second heir (the beneficiary); fiduciary.

Fideicomitente: Trustor; sttler

Take your pick. Good luck!
Selected response from:

Esther Hermida
United States
Local time: 00:34
Grading comment
You correctly point me in the way to view "Fideicomisario" as "Beneficiary" and "Fiduciario" as the true "Trustee" in this case.
4 KudoZ points were awarded for this answer

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Summary of answers provided
naTrustor; sencond trustee;
Esther Hermida
na -1trustor; trustee of fideicommissary
Yolanda Broad


  

Answers


35 mins peer agreement (net): -1
trustor; trustee of fideicommissary


Explanation:
I have some memory of answering this on KudoZ before, but I can't find any trace of it when I search the records. Probably was one of those queries that got answered, but never had any response (grading) from the asker, so here goes:

Fideicomitente (from the Larousse econónomico, comercial y financiero, ES<>IN): trustor

Fideicomisario, from the Larousse: fideicommissioner

Fideicomisario, from Termium:

English:Wills and Successions (Civil Law)
fideicommissary s CORRECT,NOUN
fideicommissary heir s
OBS - ... a person who is the beneficiary of a fideicommissum. s
1995-07-07

English:Property Law (Common Law)
Social Security and Unemployment Insurance
trustee s CORRECT
CONT - A trustee is a person who holds legal title to property under an express or implied agreement to apply it and the income arising from it to the benefit of another person who is called the beneficiary or cestui que trust. The "trustee" controls the property for the benefit of the "beneficiary" or "cestui que trust". s
1998-06-23

Found on Google:

Code of Successions
... or tacit. Pupillary, exemplary, trustee of fideicommissary and residue preventive substitutions invariably include tacit vulgar substitution. However, in the ...
www.gencat.es/justicia/normes/cs/angl/acsIII6.htm


    Google searches
Yolanda Broad
United States
Local time: 03:34
Native speaker of: English
PRO pts in pair: 668

Peer comments on this answer (and responses from the answerer)
disagree  Juan Arturo Carbajal Manjarrez: TRUSTEE=FIDUCIARIO. FIDUCIARIO NO ES LO MISMO QUE FIDEICOMISARIO.
2298 days
Login to enter a peer comment (or grade)

11 hrs
Trustor; sencond trustee;


Explanation:
According to Butterworths:

Fideicomisario: Trustee; Trust beneficiary; representative of deventure holders; executor. adj, trust.

Fiduciario: Trustee; type of trustee who is viewed as a first heir to hold property under stated conditions for a second heir (the beneficiary); fiduciary.

Fideicomitente: Trustor; sttler

Take your pick. Good luck!

Esther Hermida
United States
Local time: 00:34
Native speaker of: Native in EnglishEnglish, Native in SpanishSpanish
PRO pts in pair: 157
Grading comment
You correctly point me in the way to view "Fideicomisario" as "Beneficiary" and "Fiduciario" as the true "Trustee" in this case.
Login to enter a peer comment (or grade)




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