Declaration of Trust to Hold Shares

Document Type

Microsoft Word (Editable)

Pages

Price: KES 400

Get Document Now

Professionally Drafted

Fully Customizable

12,000+ Happy Customers

Instant Delivery

Document Overview

A Declaration of Trust to Hold Shares is a legal document in which a person or entity (called the Trustee) formally acknowledges that they hold certain company shares on behalf of another person (called the Beneficial Owner) who is the true owner of those shares.

Although the Trustee’s name appears on the company’s share register and share certificate as the legal owner, the Trustee has no beneficial or economic interest in the shares. The Trustee merely holds them in trust and can only deal with them (vote, receive dividends, or transfer them) according to the written instructions of the Beneficial Owner.

This arrangement is often used in situations where the true owner wishes to remain private, when shares are held temporarily for regulatory, legal, or nominee purposes, or where the beneficial owner is awaiting formal registration of ownership.

Document Preview Below
Purchase now to receive the complete document instantly.

Preview

End of Preview
Purchase now to access the complete document.

Declaration of Trust to Hold Shares

Document Overview

Preview

Related Legal Documents