Skip to content
BOL Conferences
Thread Options
#2209091 - 03/20/19 03:30 PM Is a land trust the same as a business trust?
McGruff Offline
Gold Star
McGruff
Joined: Feb 2004
Posts: 262
Texas
Does a land trust qualify as a business trust for beneficial ownership purposes? For instance if the customer were "1313 Mockingbird Lane Holding Trust"

Return to Top
BSA/AML/CIP/OFAC Forum
#2209101 - 03/20/19 04:10 PM Re: Is a land trust the same as a business trust? McGruff
rlcarey Offline
10K Club
rlcarey
Joined: Jul 2001
Posts: 83,393
Galveston, TX
Is it registered as an entity in the State of Texas? A land trust could be similar to a non-profit corporation or just a manner of holding real property.
_________________________
The opinions expressed here should not be construed to be those of my employer: PPDocs.com

Return to Top

Moderator:  Andy_Z