Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can additional units in a Cleardocs Hybrid Trust be issued in the future?

April 26, 2017additional cleardocs future hybrid issued Trust units

0

Posted

Can additional units in a Cleardocs Hybrid Trust be issued in the future?

1 Answer

0

Posted

Yes, units may be issued in the future. This is the flexibility that a hybrid trust provides. Further units may be issued, and units may be sold or redeemed. The deed sets out: • The process for issuing more units or selling or redeeming units; and • How to calculate the price for the relevant units.