In the US, the business trust structure typically takes the form of publicly traded partnerships ( PTPs ) or master limited partnerships ( MLPs ), essentially limited partnerships ( LPs ) with units that trade on public securities exchanges.
42.
The Youth Business Scotland programme was formed in 2012 by the merger of The Prince s Trust Scotland and sister charity "'The Prince's Trust Youth Business Scotland "'( formerly "'The Prince s Scottish Youth Business Trust "'; PSYBT ).
43.
The association also used the names American Freeman Association, National Currency Exchange, Natural Coin Exchange, Horizon Sun Business Trust and other names to advance the scheme, according to the indictment handed up by a federal grand jury in Portland.
44.
He was a 2004 Regional Business Award winner at the Prince's Scottish Youth Business Trust The Prince's Trust / The Royal Bank of Scotland'Young Entrepreneur of the Year'Awards and Finalist in the Youth Business International Entrepreneur of the Year award 2006.
45.
It states on page 1681 of " Black's Law Dictionary " 4Ed ., 1957, under the term " Massachusetts or Business Trust "; See " Trust Estate as Business Company . " This particular definition is found on page 1684 and it states this:
46.
RBC estimates that taxing trusts like regular companies could slash the market value of Canadian business trusts by as much as 30 % & ndash; again, not counting the loss of the share price premium of companies that had announced their conversion and would then back off.
47.
In the US, the business trust structure appeared with publicly traded partnerships ( PTPs; also known as master limited partnerships or MLPs ) which were limited partnerships with units that trade on public securities exchanges, combining the tax advantages of partnerships with the liquidity of public companies.
48.
Previous plans by ACE Aviation Holdings to spin off Air Canada Jazz into a trust were suspended indefinitely . " Traditional " Canadian REITs, once content to ride the trust boom, tried to distance themselves from the new business trusts, to avoid regulatory " collateral damage ".
49.
So, the Business Trust was created under Common-law right to contract to obtain legislatively constructed business organizations advantages but without having to gain " permission " to enter into a business activity and suffer under the burdens and restrictions that are placed on " statutorily constructed organizations ".
50.
Tightening laws near the end of the century resulted in the resurgence of the use of the UBO . For example, in 1985 the Scudder Capital Growth Fund, Inc ., and Kemper Money Market Fund, Inc ., changed their forms of organization from a corporation to a business trust.
