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§ 1091 — 1091 — U.S. Virgin Islands Law | CourtGPT
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U.S. Virgin Islands Legal Code

1091

U.S. Virgin Islands § 1091 — U.S. Virgin Islands law

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As used in this chapter unless the context or subject matter otherwise requires—\n'person' means an individual, a corporation, a partnership, an association, a joint stock company, a business trust, an unincorporated organization, or two or more persons having a joint or common interest;\n'trustee' includes trustees, a corporate as well as a natural person and a successor or substitute trustee;\n'relative' means a spouse, ancestor, descendant, brother or sister;\n'affiliate' means any person directly or indirectly controlling or controlled by another person, or any person under direct or indirect common control with another person. It includes any person with whom a trustee has an express or implied agreement regarding the purchase of trust investments by each from the other, directly or indirectly, except a broker or stock exchange; and\n'trust' means an express trust only.