voting trust

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Noun1.voting trust - an agreement whereby persons owning stock with voting powers retain ownership while transferring the voting rights to the trustees
trust - something (as property) held by one party (the trustee) for the benefit of another (the beneficiary); "he is the beneficiary of a generous trust set up by his father"
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Additional updates include edits to provisions generally contained in intercompany pooling agreements that qualify for pooled ratings.
employee benefits programs may be finding new homes in the form of reinsurance pooling agreements.
Under the terms of the pooling agreements, the company cedes 100% of its gross direct business and assumes 15% of its parent's total retained business.