Declaration of Business Trust
"This Declaration of Trust creates a business trust for the control and management of assets and property. A business trust is a unique entity that is generally classified as an association, taxed as a corporation, and organized under trust law principles. This Declaration of Trust sets up the framework for the operation of the business, the powers and duties of the trustee, and the interests of the beneficiaries. This document contains numerous standard provisions and may be customized to fit the specific needs of the parties. This should be used when setting up a business trust.
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