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The existence of any investor fund is based on the beneficiary principle. In the case of pension funds and insurance policies, the collective instance is formed by the multiplicity of contractually bound parties. The final beneficiaries are the investors and not those legally making the investments or subscribing to shares on the client’s behalf.

Term-Nr.: 120

German: Destinatärstheorie (255)

Source: SFO D15 2010 m. e. E., 24.04.2010

Notice: The contents of this terminology collection Lawpedia® with a focus on business law (especially financial market law) have been researched with great care and compiled on the basis of an extensive flash card, training materials and literature. The various sources (as far as they could be found) can be found in the abbreviations and source references. References to other sources are welcome. Despite the care taken, the provider cannot accept any liability for the accuracy, completeness and topicality of the information provided. The information is of a general nature in particular and does not constitute legal advice in individual cases.

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