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UPDATE April 3, 2017: Clarification--When the power to remove and replace 50% or more of the trustees is shared or subject to the consent of a third party, no one person has the power to appoint 50%...

UPDATE April 3, 2017: Clarification--When the power to remove and replace 50% or more of the trustees is shared or subject to the consent of a third party, no one person has the power to appoint 50%...