DEFINITION of 'Voting Trust Agreement'

A contractual agreement detailing the specifics of the voting trust, including the name of its trustee, the effective timeframe, and the nature of its formation.

BREAKING DOWN 'Voting Trust Agreement'

As with many different trusts, the purpose and goals must be stated in order to create a guideline for the trustee and protect stockholders that have decided to transfer their ownership rights to the trust.

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RELATED FAQS
  1. What are the requirements that a trust needs to meet to be qualified?

    The requirements that a trust must meet to be qualified are as follows: The trust must be a valid trust under state law or ... Read Answer >>
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