voting trust

A trust used to hold shares of voting stock in a closely held corporation, usu. transferred from a parent to a child, and empowering the trustee to exercise the right to vote.

• The trust acts as custodian of the shares but is not a stockholder. Cf. VOTING GROUP. [Cases: Corporations 198.1(1). C.J.S. Corporations § 380.]

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法律翻译Gwen，毕业于新加坡知名法学院，专注翻译各类与劳工、雇佣及移民有关的法律文件。