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Application for the reservation of a Statutory Trust Name to be filed under the General Corporation Law of the State of Delaware, requiring a fee of $75.00 submitted with a completed application.

How to fill out application for reservation of

How to fill out Application for Reservation of Statutory Trust Name

1. Obtain the Application for Reservation of Statutory Trust Name form from the appropriate regulatory authority's website or office.
2. Complete the form by providing the required information, including the proposed statutory trust name.
3. Ensure that the name complies with any naming requirements established by law.
4. Check the availability of the proposed name to avoid conflicts with existing entities.
5. Sign and date the application.
6. Submit the completed application along with any required fees to the designated regulatory authority.

Who needs Application for Reservation of Statutory Trust Name?

1. Individuals or groups planning to establish a statutory trust.
2. Lawyers and legal professionals assisting clients in forming a statutory trust.
3. Businesses or organizations seeking to reserve a name for future statutory trust registration.

People Also Ask about

What is the downside to a Delaware Statutory Trust?

Risk No. While DSTs can offer attractive returns, they often come with a smorgasbord of fees that can eat into your profits. These may include acquisition fees, asset management fees, disposition fees and more. It's crucial to weigh these costs against your potential tax savings.

What is the purpose of a statutory trust in Delaware?

A Delaware Statutory Trust (DST) is an increasingly popular option. This investment vehicle gives individual investors an opportunity to acquire passive ownership in an institutional-quality asset with a comparatively low minimum investment cost.

What is the Delaware statutory trust document?

The Delaware Statutory Trust Agreement The trust agreement is a definitive document, and Delaware law provides that the Delaware Court of Chancery will enforce its terms upon the trustees and beneficial owners (See 12 §3804). The trust agreement is a contract and therefore enforceable.

What is the difference between a Delaware Statutory Trust and a deferred sales trust?

A Delaware Statutory Trust is a legal entity used to structure 1031-compatible real estate investment offerings. A Deferred Sales Trust is a legal arrangement between an investor and a third-party trust whereby one sells an appreciated asset while deferring one's realization of capital gains.

What is the difference between a trust and a statutory trust?

A statutory trust is a legal entity created under a specific state statute, while a common law trust is formed based on judicial precedents. Statutory trusts offer legal protections, separate entity status, and tax benefits, making them popular for businesses and investments.

For pdfFiller’s FAQs

What is Application for Reservation of Statutory Trust Name?

The Application for Reservation of Statutory Trust Name is a formal request submitted to the appropriate regulatory authority to secure a specific name for a statutory trust, preventing others from using the same name while the application is pending.

Who is required to file Application for Reservation of Statutory Trust Name?

Any individual or entity intending to establish a statutory trust is required to file the Application for Reservation of Statutory Trust Name to ensure that their chosen name is not already in use.

How to fill out Application for Reservation of Statutory Trust Name?

To fill out the Application for Reservation of Statutory Trust Name, applicants need to provide their desired trust name, contact information, and any other required details specified by the regulatory authority, ensuring that the name complies with statutory naming conventions.

What is the purpose of Application for Reservation of Statutory Trust Name?

The purpose of the Application for Reservation of Statutory Trust Name is to officially reserve a specific name for a statutory trust and to prevent any other individual or entity from using that name during the reservation period.

What information must be reported on Application for Reservation of Statutory Trust Name?

The Application for Reservation of Statutory Trust Name must report the desired trust name, the name and address of the applicant, and any additional information required by the governing body, such as the duration for which the name reservation is sought.