It is important to know and understand that an organization (such as a common law trust), which has not been created under State authority, generally cannot be regulated, and most State laws (written to effect corporations) have no legal force upon such an organization.
Common law trusts are not bound by laws controlling the actions of corporations. Common law trusts are not bound by "public policy" decisions of the legislature that are masquerading as "law". Common law trusts need not open their books to anyone unless ordered to do so by a true judicial warrant issued by an appropriate court.
Odysseus crossed the river of Styx. He asked Achilles if it was worth trading his life to have his 'name' live forever. Achilles replies: "I would rather be the slave of a slave on earth, then to live here in Hades..." --Homer's The Illiad