What kind of enterprise does the trust company belong to? State-owned enterprises or private enterprises?

In China, a trust company refers to a financial institution mainly engaged in trust business established according to the Company Law of People's Republic of China (PRC) and the Measures for the Administration of Trust and Investment Companies.

basic feature

(1) Trust is based on trust, and the trustee should have a good reputation.

(2) The premise of a trust is that the trustor should entrust his own property to the trustee.

(3) The trust property is independent. After the trust is established according to law, the trust property is separated from the self-owned property of the trustor, trustee and beneficiary and becomes independent property.

(4) The largest interest management trust affairs in which the trustee is the beneficiary.

Trust business includes commercial trust, civil trust, public trust and other fields. Financial trust and investment companies approved by the central bank can operate four types of trust business, including fund trust, chattel trust, real estate trust and other property trust.

Extended data:

correct

(1) The trustor has the right to know the management, utilization, disposition and income and expenditure of his trust property, and has the right to ask the trustee to make an explanation. The trustor has the right to consult, copy or duplicate the trust account and other documents dealing with trust affairs related to his trust property.

(2) If the management mode of the trust property is not conducive to the realization of the trust purpose or is not in line with the interests of the beneficiary due to special reasons not foreseen when the trust is established, the trustor has the right to request the trustee to adjust the management mode of the trust property.

(3) If the trustee disposes of the trust property in violation of the trust purpose or causes losses to the trust property due to violation of management duties and improper handling of trust affairs, the trustor has the right to apply to the people's court for revocation of the disposition and request the trustee to restore the trust property to its original state or make compensation; If the transferee of trust property knowingly accepts the property against the purpose of the trust, it shall return it or make compensation.

(4) If the trustee disposes of the trust property in violation of the trust purpose or has gross negligence in managing, using or disposing of the trust property, the trustor has the right to dismiss the trustee in accordance with the provisions of the trust documents, or apply to the people's court for dismissal.

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