- 30 - [1] centralized management, [2] continuity of exis- tence, [3] free transferability of interests, [4] limited liability.” A Pure Trust Organization is not an “association” or an “unincorporated association,” because it does not possess the same attributes of a corporation, such as continuity of existence and free transferability of [beneficial] interests. Further, unlike a corporation, a Pure Trust Organization is not an “artificial entity” nor does it owe its’ existence to the charter power of the State. A Pure Trust Organization is also not an alter ego or a nominee for any trustee or beneficiary because no one individual holds legal and equitable title AND beneficial interest. [Reproduced literally.] Under the heading “IMPORTANT! PLEASE READ THE FOLLOWING BASIC RULES FOR STRUCTUTING [sic] A PURE TRUST ORGANIZATION BEFORE FILLING OUT THE PURE TRUST ORGANIZATION APPLICATION”, the Sovereignty promotional materials stated: THE STRUCTURE OF THE TRUST IN GENERAL Structuring a Pure Trust Organization is extremely simple if you just adhere to some basic rules. The Pure Trust Organization is like any other person or business entity that has the power to hold property, sell property, transfer prop- erty, conduct business, etc. It’s simply an en- tity that has a different name and ID number than you. Property is transferred into the name of the Pure Trust as if it were any other person. Once title to the property is in the name of the Trust Organization, it is protected by the ironclad Contractual and Constitutional protections contained within the trust instrument (document). Because your right to contract cannot be impaired, you have peace of mind in knowing the property is safely protected. You will have the advantages of property ownership without the po- tential liabilities.Page: Previous 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Next
Last modified: May 25, 2011