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The business was formally owned by his wife Tina, who lives in Monaco.
Both companies are highly rated mutual insurers formally owned by their policyholders.
Vybor is formally owned by the local administration, a legacy from Soviet times.
There are now about 400m hectares of forest formally owned by communities.
Land may be formally owned by the state but contain people who have farmed it for generations.
Until now, the company has operated as a mutual company, a kind of cooperative formally owned by policyholders.
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Next, when did it pass into church hands, and when did the church really first formally own the property?
As a result of that amendment, the French government formally owns paintings, sculptures, table reliefs, and ceramics as well as thousands of drawings and engravings by Picasso.
Mastercroft, the firm that formally owns most of Evraz's steel and ore assets, has until now been registered in Cyprus.
Though the state still formally owns all the land, in 1993 it gave many farmers 20-year usage rights on farmland.
For one thing, only Thais are allowed to own land in Thailand so the Grebstads and Mr. Hicks used their companies to form a joint venture, Samui Concepts, which formally owns the property.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com