См. также: taking possession, take notes, take a breath, take risks
As interim manager, Weston will take over management of the charity, including staff, assets, interests and relations with third parties. (thirdsector.co.uk)
In Sweden, bankruptcy (Swedish: konkurs) is a formal process that may involve a company or individual. It is not the same as insolvency, which is inability to pay debts that should have been paid. A creditor or the company itself can apply for bankruptcy. An external bankruptcy manager will take over the company or the assets of the person, trying to sell as much as possible. A person or a company in bankruptcy can not access its assets (with some exceptions). (Wikipedia)
South Africa’s postal service will partly take over distributing the social grants that are the main source of income for around 17 million people, the parliamentary communications service said on Wednesday. (Reuters UK)
minor child: A person who has not yet reached the legal age.
He wanted to take over the trust fund that his father had left him, but Dan was still a minor child and incapable of collecting. (InvestorWords)
