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control test

Defined in 1 dictionary — Case Law

Definitions from Case Law

From 379 U.S. 329 - King v. United States · 1964Most cited · 151 citing opinions

whether or not King falls within the category of fiduciaries on whom such responsibility should be placed depends, not on the title of his position or the mode of his appointment, but, in practical terms, upon the degree of control he is in a position to assert over the allocation among creditors of the debtor's assets in his possession