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。
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。
After inspecting various countries' practices, many successful cases in the world indicated that Special Purpose Trust is a practical and feasible way to operate Asset Securitization.
考察各国实践，世界范围内的诸多成功案例表明，通过建立特殊目的信托来设计资产证券化的运作是一种切实可行的方式。
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