10-1871. Definitions


In this article, unless the context otherwise requires:


1. "Business trust" means an unincorporated association or trust of the type which
at common law was known as a "business trust" or "Massachusetts trust", created by an
instrument under which property is held and managed by trustees for the benefit and
profit of such persons as are or may become the holders of transferable certificates
evidencing beneficial interests in the trust estate.