As with many different trusts, the purpose and goals must be stated in order to create a guideline for the trustee and protect stockholders that have decided to transfer their ownership rights to the trust.
Investment dictionary. Academic. 2012.
Voting trust — A voting trust is a trust whereby the shares in a company of one or more shareholders and the voting rights attached thereto are legally transferred to a trustee, usually for a specified period of time (the trust period ). In some voting trusts,… … Wikipedia
voting trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. voting trust n. A devi … Law dictionary
voting trust — The transfer of title by stockholders of shares of a corporation to a trustee who is authorized to vote the shares on their behalf. One created by an agreement between a group of the stockholders of a corporation and the trustee, or by a group of … Black's law dictionary
voting trust — noun an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees (Freq. 1) • Hypernyms: ↑trust * * * noun : an arrangement transferring the voting rights of shares in a… … Useful english dictionary
Voting Trust — A legal trust created to combine the voting power of shareholders. With the establishment of the voting trust, the shareholders legal title (their stock) and voting rights are transferred to a designated trustee for a set duration. There are many … Investment dictionary
voting trust — Simply stated, a device whereby persons owning stock with voting powers divorce the voting rights thereof from the ownership, retaining the latter to all intents and purposes and transferring the former to trustees in whom the voting rights of… … Ballentine's law dictionary
trust — n 1 a: a fiduciary relationship in which one party holds legal title to another s property for the benefit of a party who holds equitable title to the property b: an entity resulting from the establishment of such a relationship see also… … Law dictionary
trust — A legal entity created by a grantor for the benefit of designated beneficiaries under the laws of the state and the valid trust instrument. The trustee holds a fiduciary responsibility to manage the trust s corpus assets and income for the… … Black's law dictionary
voting agreement — An agreement between the stockholders of a corporation, sometimes called a pooling agreement, intended to combine votes with a view to concerted action for a common object, and which control the votes of one or more of the parties by limiting… … Ballentine's law dictionary
U.S.–India Civil Nuclear Agreement — U.S. President George W. Bush and India s Prime Minister Manmohan Singh exchange handshakes in New Delhi on March 2, 2006. The 123 Agreement signed between the United States of America and the Republic of India is known as the U.S. India Civil… … Wikipedia
