TeachMeFinance.com - explain Voting trust
Voting trust -- This is created by placing the stock of a company,
either all or a majority, in a trust, usually for a specified
period, for voting purposes. Thus, the control of the company
is locked up in the hands of trustees. Receipts for the stock
are issued and these may be dealt in and receive dividends
the same as the stock itself, but they have no voting power.
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