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Bare Trusts
Also known as dry, formal, naked, passive or simple trusts. These are trusts where the trustees have no duties to perform other than to convey the trust property to the beneficiary(s) when called upon to do so.
Copyright © 2005 UNODC - United Nations Office on Drugs and Crime.
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Banking INDEX:List of Terms: Terms beginning with "A", Page 1 |
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