Article 3 the asset-backed securities shall be issued a the trustee of a special purpose trust, representing the beneficiary shares of the special purpose trust.

第三条资产支持证券由特定目的信托受托机构发行，代表特定目的信托的信托受益权份额。

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Article 3 the asset-backed securities shall be issued by the special purpose trustee institution, representing the shares of beneficial rights under the special purpose trust.

第三条资产支持证券由特定目的信托受托机构发行，代表特定目的信托的信托受益权份额。

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New Earthshell, a subsidiary of YA Global Investments, funneled the contributions of two Yorkville funds to YA TALF Holdings, a special purpose entity that was formed to purchase asset-backed securities.

FORBES: Penny Stock Hedge Fund Firm Got Government Rescue Loans

In connection with investor redemptions it could not meet in 2008, Yorkville Advisors restructured its hedge fund operations, creating special purpose vehicles and giving redeeming investors the option of receiving securities in-kind or ownership in the SPVs.

FORBES: SEC Charges Formerly $1 Billion Yorkville Advisors Hedge Fund With Fraud and Bogus Valuations

In connection with investor redemption requests it could not meet in 2008, Yorkville Advisors restructured its hedge fund operations, creating special purpose vehicles and giving redeeming investors the option of receiving securities in-kind or ownership in the SPVs.

FORBES: Penny Stock Hedge Fund Firm Got Government Rescue Loans