15 Pennsylvania Consolidated Statutes Chapter 95 - Business Trusts

• Chapter Notes
• Section 9501 - Application And Effect Of Chapter
  (a) General rule.-- (1) Unless the context clearly indicates otherwise, this chapter shall apply to and the words "business trust" in this chapter shall...
• Section 9502 - Creation, Status And Termination Of Business Trusts
  (a) Creation.-- Except as provided in the instrument, the trustee has the power: (1) To receive title to, hold, buy, sell, exchange, transfer and...
• Section 9503 - Documentation Of Trust
  (a) General rule.--A business trust shall not be valid unless created by deed of trust or other written instrument subscribed by one or more...
• Section 9504 - Registered Office
  (a) General rule.--The instrument shall set forth, subject to section 109 (relating to name of commercial registered office provider in lieu of registered address),...
• Section 9505 - Trustees
  (a) Succession of trustees.--An instrument may provide for the succession of title to any trust property not titled in the name of the trust...
• Section 9506 - Liability Of Trustees And Beneficiaries
  (a) General rule.-- (1) Except as otherwise provided in the instrument, the beneficiaries of a business trust shall be entitled to the same limitation...
• Section 9507 - Foreign Business Trusts
  (a) General rule.--(Deleted by amendment). (b) Provision applicable to all foreign business trusts.--Section 9506(c) (relating to certain specifically authorized debt terms) shall be applicable...

Last modified: October 8, 2016