(1) A beneficial interest in a statutory trust is personal property regardless of the nature of the property of the trust.
(2) A beneficial interest in a statutory trust is not an interest in specific property of the statutory trust.
(3) A beneficial interest in a statutory trust is freely transferable.
(4) Any limitations upon transfer of a beneficial interest set forth in the governing instrument shall be void if the same person is the sole trustee and sole beneficial owner.
(5) A beneficial owner does not have a preemptive right to subscribe to any additional issue of beneficial interests or any other interest of a statutory trust.