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Arizona Arizona Revised Statutes

§ 10-1871 — Definitions

ARS § 10-1871Title 10. Corporations and Associations · Ch. 18. MISCELLANEOUS PROVISIONS AND CORPORATIONS · Art. 4. Business Trusts

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10-1871. Definitions In this article, unless the context otherwise requires: 1. "Business trust" means an unincorporated association or trust of the type which at common law was known as a "business trust" or "Massachusetts trust", created by an instrument under which property is held and managed by trustees for the benefit and profit of such persons as are or may become the holders of transferable certificates evidencing beneficial interests in the trust estate.

Source: Arizona Arizona Revised Statutes § 10-1871 from the Arizona Revised Statutes (Arizona State Legislature) (public record). DecisionDepot is for informational use only and is not legal advice — verify against the official source before relying on this text.