Business trust definition

Business trust means a trust created for the purpose of making a profit through the combination of capital contributed by the beneficiaries of the trust and through the administration or management of the capital by trustees or a person acting on behalf of the trustees, for the benefit of the beneficiaries;
Business trust means a business trust governed as to its internal affairs by KRS Chapter 386 or a statutory trust governed as to its internal affairs by KRS Chapter 386A;
Business trust means an unincorporated trust or association, including a common–law trust, a Massachusetts trust, a real estate investment trust as defined in § 8– 101 of this article, a statutory trust as defined in § 12–101 of this article, and a foreign statutory trust as defined in § 12–101 of this article, that is engaged in business and in which property is acquired, held, managed, administered, controlled, invested, or disposed of by trustees or the trust for the benefit and profit of any person who may become a holder of a transferable unit of beneficial interest in the trust.

Examples of Business trust in a sentence

  • Maryland Corporation ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Institutional Fund Trust Pennsylvania Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mid-Cap Value Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ New York Tax-Free Income Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Pacific Growth Fund Inc.

  • Maryland Corporation ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Institutional Fund Trust Pennsylvania Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Mid-Cap Value Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ New York Tax-Free Massachusetts Business trust Income Fund ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Pacific Growth Fund Inc.

  • Maryland Corporation ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Equally-Weighted S&P 500 Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Fundamental Value Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ FX Series Funds Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Global Advantage Fund Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Global Dividend Growth Massachusetts Business trust Securities ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Health Sciences Trust Massachusetts Business trust ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ High Yield Securities Inc.

  • Business trust accounts for professionals regulated by a state (or a self-regulatory body under a state’s laws) are located in the designated state.

  • With respect to any Fund listed on Appendix A which is organized as a Massachusetts Business trust, references to Board of Directors and Articles of Incorporation shall be deemed a reference to Board of Directors/Trustees and Articles of Incorporation/Declaration of Trust respectively and reference to shares of capital stock shall be deemed a reference to shares of beneficial interest.


More Definitions of Business trust

Business trust means a trust formed under the statutory law of another state that is not a foreign statutory trust and does not have a predominately donative purpose.
Business trust or "domestic business trust" means an unincorporated business, trust, or association
Business trust means an entity engaged in a trade or business that is created by a declaration of trust that transfers property to trustees, to be held and managed by them for the benefit of persons holding certificates representing the beneficial interest in the trust estate and assets.
Business trust means a unit trust scheme where the operation or management of the scheme and the scheme’s property or asset is managed by a trustee manager”;
Business trust means an unincorporated trust or association, including 13 a Maryland real estate investment trust, a common-law trust, or a Massachusetts trust,
Business trust means a business trust or a foreign business trust as 25 defined in § 8-501.1 of this article.
Business trust means a business organization formed as