Massachusetts trust
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Massachusetts trust — see trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. Massachusetts trust … Law dictionary
Massachusetts trust — A business organization wherein property is conveyed to trustees and managed for benefit of holders of certificates like corporate stock certificates. A Massachusetts business trust is an unincorporated association organized under Massachusetts… … Black's law dictionary
Massachusetts trust — A business organization wherein property is conveyed to trustees and managed for benefit of holders of certificates like corporate stock certificates. A Massachusetts business trust is an unincorporated association organized under Massachusetts… … Black's law dictionary
massachusetts trust — noun Usage: usually capitalized M : an unincorporated business organization managed like and sometimes treated as a corporation (as for tax purposes) and first popular in Massachusetts in which the business capital is held in trust under a… … Useful english dictionary
Massachusetts Trust — A form of limited partnership. A business in which the investors give management authority to a trustee and receive trust certificates or units documenting their investments. Because they are only owners of the certificates and are not… … Business law dictionary
Massachusetts trust — style of business organization in which a property is managed by a trustee and investors buy trust units (similar to buying stock shares in a company) … English contemporary 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
Massachusetts business trust — Companies law Company … Wikipedia
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
trust estates as business companies — A practice originating in Massachusetts of vesting a business or certain real estate in a group of trustees, who manage it for the benefit of the beneficial owners; the ownership of the latter is evidenced by negotiable (or transferable) shares.… … Black's law dictionary
