FL Corporations
SAME DAY FLORIDA INCORPORATION AND LLCs AVAILABLE

VOTING TRUST

Voting trust $145.00

A voting trust is another mechanism for separating the right to vote from the other benefits of owning shares. To create a voting trust, one or more shareholders confer on a trustee the right to vote their shares by signing an agreement an agreement setting for the provisions of the trust and transferring legal title of their shares to the trustee. The shareholders retain beneficial ownership of the shares. The trustee is required to prepare a list of the names and addresses of all owners of beneficial interest in the trust, and the number and class of shares each owner transferred to the trust, and then deliver copies s of the list and agreement to the corporation's principal office. Both the list and the agreement are open to inspection by any shareholder or beneficiary of the trust during business hours, as long as the shareholders meet the good-faith and proper purpose requirements of the law.