Private trust company means a trust company which -
Private trust company means a State trust company that is organized to engage in business with one or more family members and does not transact business with the general public, as defined in G.S. 53-363.
Private trust company means a company acting as a private trust.
Examples of Private trust company in a sentence
Private trust company advantages include increased privacy; the separation of investment management from fam- ily businesses; financial parenting, in which younger family members are integrated into the management of family wealth; and administrative centralization of estate, tax, and investment planning.
More Definitions of Private trust company
Private trust company means a corporation or limited liability company that:
Private trust company means a private trust company as defined in the International Business Companies Act, 2016 (Act 15 of 2016);
Private trust company means a company incorporated under the provisions of the Companies Act, or the International Business Companies Act, which by its Memorandum and Articles of Association —
Private trust company means a corporation—
Private trust company means a corporation or limited liability company that: (1) Is exclusively owned by one or more family members; (2) is organized or qualified to do business in this state; (3) engages or proposes to engage in private trust business under this chapter with one or more family members; (4) does not serve as a fiduciary for a person, entity, trust, or estate that is not a family member, except that it may serve as a fiduciary for up to 35 individuals who are not family members if the individuals are current or former employees of the private trust company or one or more trusts, companies, or other entities that are family members; and (5) does not transact business with the general public.
Private trust company means a trust company that does not engage
Private trust company means an international business company —