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Dutch to English translations [PRO]
Law/Patents - Law (general) / statuten | | Dutch term or phrase: certificaten in eigendom ten titel van beheer | | De stichting heeft ten doel het tegen toekenning van certificaten **in eigendom ten titel van beheer** verwerven en administreren van aandelen in het kapitaal van de te Rotterdam gevestigde besloten vennootschap met beperkte aansprakelijkheid |
| | | in trust | Explanation:
'ten titel van beheer' = 'in trust'
E.g. "The object of the foundation is acquire and administrate shares in the capital of the private limited company established in Rotterdam in trust in exchange for certificates of ownership given."
The administratiekantoor becomes the legal owner of the company, while the holders of certificates become the equitable owners.
Cf. also 'fiducia cum amico'. |
| Selected response from:
 Chris Hopley
Netherlands
Local time: 12:51
| Grading comment Thanks Chris!
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peer agreement (net): +1
