What Is a Deed of Trust Note?

Trust deeds are also called "trust assets" or "trust assets." Monetary funds or physical property transferred by the client to the trustee and managed and disposed of by the trustee in accordance with the trust deed. Including assets obtained through business management, such as dividends and dividends. As for the scope of trust assets, some countries have express regulations, and some countries have no restrictions. Generally, as long as it is valuable, it can be calculated, transferable, and items not prohibited by law can be used as trust assets. ^[1]

Trust deed

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Trust deeds are also called "trust assets" or "trust assets." Monetary funds or physical property transferred by the client to the trustee and managed and disposed of by the trustee in accordance with the trust deed. Including assets obtained through business management, such as dividends and dividends. As for the scope of trust assets, some countries have express regulations, and some countries have no restrictions. Generally, as long as it is valuable, it can be calculated, transferable, and items not prohibited by law can be used as trust assets. ^[1]

The trustee and manager may make amendments with the prior approval of the CSRC, unless the trustee proves in writing that he believes that the contract needs to be amended to meet the following conditions.

1: Did not cause significant damage to the rights and interests of the fund unit holders, did not remove any liability of the trustee or manager to the fund unit holders in any material respect, and did not increase the entrusted fund payable. Costs and expenses.

2: To comply with relevant laws or official regulations [regardless of whether it has legal effect].

3: Obvious errors in the contract must be revised.