Donate SIGN UP

Bip Trust? What Is It?

Avatar Image
Barquentine | 18:44 Tue 18th Aug 2015 | Law
4 Answers
Anybody know what a 'BIP' trust is?
Gravatar

Answers

1 to 4 of 4rss feed

Best Answer

No best answer has yet been selected by Barquentine. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
I only know this but I assume you're looking for a legal term
http://www.australiacorporates.com/corp/1693924.html
Question Author
Thanks fiction factory - yes and a Google search has not turned up anything - surprisingly. I think the person that used the term may have misspelt it. Not sure.
BIP Trust is a registered trademark (of Mitsubishi UFJ Trust and Banking Corporation) defined as "a stock incentive plan reference to the Performance Share system and Restricted Stock system in the U.S., wherein the Company shares that are acquired by the BIP Trust will be delivered to Company Directors, etc., base on the degree of the attainment of business performance goals, etc"
http://www.nikon.com/news/2015/20150520_e.pdf

If it's a typo though, it could mean an IIP Trust:
https://en.wikipedia.org/wiki/Interest_in_possession_trust
Question Author
Thanks Buenchico. That's it - I couldn't recall the IIP - that's what they meant.

1 to 4 of 4rss feed

Do you know the answer?

Bip Trust? What Is It?

Answer Question >>

Related Questions

Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.