609.01 Common-law declaration of trust.—Two or more persons, whether residents of this state or not, may organize and associate themselves together for the purpose of transacting business in this state under what is commonly designated or known as a “declaration of trust”; provided, however, no such association shall ever be permitted or authorized to transact a banking or security business, of any kind, in this state.
Cited 11 times | Published | District Court, N.D. Florida | 17 Collier Bankr. Cas. 8, 17 Collier Bankr. Cas. 2d 8, 4 Bankr. Ct. Dec. (CRR) 212, 1978 U.S. Dist. LEXIS 18408
...The court further observed the last clause in the definition was apparently inserted to include specifically the "familiar Massachusetts trust." The trust involved here is an Illinois Land Trust which is recognized in Florida by statute, F.S. § 689.071. Massachusetts Business Trusts are also recognized by statute, F.S. § 609.01§ 609.08....
...provides in pertinent part that "[t]wo or more persons . . . may organize and associate themselves together for the purpose of transacting business in this state under what is commonly designated or known as a `declaration of trust' . . ." Fla.Stat. § 609.01....
Cited 2 times | Published | District Court, S.D. Florida
...rt finds it unnecessary to decide whether the decision controls the case here and does not rely on that decision in reaching the conclusion that the law of the State of New York is controlling. [3] The following sections of Chapter 609 are relevant: § 609.01 Common law declaration of trust....
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