voting trust

voting trust
voting trust see trust

Merriam-Webster’s Dictionary of Law. . 1996.

voting trust
n.
A device in which corporate shareholders transfer their voting rights to a trustee who votes for them in corporate elections in order to pool their votes and control corporate affairs.

The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. . 2008.


voting trust
A trust created to combine the voting power of shareholders. The participating shareholders' shares and their accompanying voting rights are transferred to a trust for a designated period of time. A designated trustee votes to elect a board directors or vote on other important matters at a shareholders' meeting. A voting trust is usually established by current directors to ensure continued control, but occasionally a voting trust represents a person or group trying to gain control of the corporation.
Category: Business, LLCs & Corporations → LLCs, Corporations, Partnerships, etc.

Nolo’s Plain-English Law Dictionary. . 2009.

voting trust
USA
A voting agreement under which two or more equity holders transfer their voting interests to a trustee to be voted by that trustee as a block pursuant to the terms of the agreement.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.


voting trust
A type of agreement by which two or more individuals who own corporate stock that carries voting rights transfer their shares to another party for voting purposes, so as to control corporate affairs.

Dictionary from West's Encyclopedia of American Law. 2005.


voting trust
A type of agreement by which two or more individuals who own corporate stock that carries voting rights transfer their shares to another party for voting purposes, so as to control corporate affairs.

Short Dictionary of (mostly American) Legal Terms and Abbreviations.

voting trust
n.
   a trust which solicits vote proxies of shareholders of a corporation to elect a board of directors and vote on other matters at a shareholders' meeting. A voting trust is usually operated by current directors to insure continued control, but occasionally a voting trust represents a person or group trying to gain control of the corporation.

Law dictionary. . 2013.

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Look at other dictionaries:

  • 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 — 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 —    A trust that seeks the vote proxies of shareholders of a corporation in an election of a board of directors or votes on other matters at a shareholders meeting. Such a trust is usually operated by a company s current directors to ensure their… …   Business law dictionary

  • voting trust certificate — n: a certificate issued as evidence of the holder s beneficial interest in a voting trust Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 …   Law dictionary

  • Voting Trust Certificate — A certificate issued by the limited life trust of a corporation established to limit the control of a corporation to a few individuals. A voting trust certificate is issued to a stockholder in exchange for their common stock, and represents all… …   Investment dictionary

  • voting trust certificates — Certificates issued by voting trustees to the beneficial holders of shares held by the voting trust. Such certificates may be as readily transferable as the underlying shares, carrying with them all the incidents of ownership of the underlying… …   Black's law dictionary

  • Voting Trust Agreement — A contractual agreement detailing the specifics of the voting trust, including the name of its trustee, the effective timeframe, and the nature of its formation. As with many different trusts, the purpose and goals must be stated in order to… …   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

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