Delaware Code
Subchapter III. Control Beneficial Interest Acquisitions
§ 3882. Related acquisitions; beneficial interests held for the benefit of others.

For the purposes of this subchapter:

(1) Beneficial interests acquired within 90 days or beneficial interests acquired in a series of related transactions are considered to have been acquired in the same acquisition including for purposes of approvals or exemptions pursuant to § 3883(b) of this title or approval of a control beneficial interest acquisition by beneficial owners pursuant to § 3885 of this title; and
(2) A person will not be deemed to be entitled to exercise or direct the exercise of voting power with respect to beneficial interests held for the benefit of others if the person:

a. Is acting in the ordinary course of business, in good faith and not for the purpose of circumventing the provisions of this section as determined by the trustees; and
b. Is not entitled to exercise or to direct the exercise of the voting power of the beneficial interests unless the person either:

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