The will's executor then works with the probate court to distribute the estate according to the deceased's wishes and state law. Before friends and family members receive their inheritance, the executor must use proceeds from the estate to pay off any outstanding debts the deceased left behind.
Glossary of economics terms and concepts. Meaning and definition of special-interest effect. Any result of government promotion of the interests (goals) of a small group at the expense of a much larger group. For the term special-interest effect may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.
CORPORATIONS ACT 2001 - SECT 608. Relevant interests in securities. Basic rule--relevant interest is holding, or controlling voting or disposal of, securities. (1) A person has a relevant interest in securities if they: (a) are the holder of the securities; or. (b) have power to exercise, or control the exercise of, a right to vote attached to the securities; or. (c) have power to dispose of, or control the exercise of a power to dispose of, the securities.