§ 18-3-2 - Definitions. - Rhode Island Statutes

SECTION 18-3-2

   § 18-3-2  Definitions. – As used in this chapter:

   (1) "Cofiduciary" means a trustee or personal representativeempowered to exercise fiduciary functions jointly with any person authorized todelegate functions under the provisions of § 18-3-3;

   (2) "Fiduciary" means any trustee or personal representative;

   (3) "Functions" includes discretions, powers, and duties;

   (4) "Person" includes corporations as well as natural persons;

   (5) "Personal representative" means an executor under a will,an administrator cum testamento annexo, an administrator de bonis non, anadministrator of an intestate estate, or a guardian of the estate of any person;

   (6) "Power of attorney" and "power" means a power of attorneygiven pursuant to § 18-3-5;

   (7) "Trustee" means any person who is designated in anywritten instrument, or court order, or in any will admitted to probate in thisstate to hold property upon trust, whether or not that person has assumedpossession of the trust estate or entered upon his or her fiduciary duties;

   (8) "War or national emergency" means any period during whichthe United States is engaged in any war, declared or undeclared, plus a periodof sixty (60) days thereafter; and

   (9) "War service" means:

   (i) Active service during the period of any war or nationalemergency, whether within or outside of the territory of the United States ofAmerica, in any of the naval, military, or air forces of the United States;

   (ii) Any active service during the period of any war ornational emergency on any ship of United States registry; or

   (iii) Any other work or employment during the period of anywar or national emergency outside the continental United States and under thedirection of the government of the United States.