Pooling agreements are the same as voting trusts.

Question

Quizplus · Accepted Answer

Pooling agreements and voting trusts are similar, but not exactly the same. Pooling agreements refer to an agreement between shareholders to pool their voting power together to act as one voting block. This differs from a voting trust, which involves transferring legal ownership of shares to a trustee who then votes on behalf of the shareholders. While both arrangements may serve similar purposes, they have different legal structures and requirements.

Pooling Agreements Are the Same as Voting Trusts