Common use of Action by Board and Opinion of Counsel Clause in Contracts

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 93 contracts

Samples: Transfer Agency Agreement (Axp Managed Series Inc), Transfer Agency Agreement (Ids Precious Metals Fund Inc), Transfer Agency Agreement (Axp Partners Series Inc)

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Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyCorporation.

Appears in 37 contracts

Samples: Transfer Agency Agreement (Axp Income Series Inc), Transfer Agency Agreement (Axp Investment Series Inc), Transfer Agency Agreement (Axp Discovery Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on an opinion of counsel for the CompanyFund.

Appears in 13 contracts

Samples: Transfer Agent Agreement (Seligman Capital Fund Inc), Transfer Agent Agreement (Riversource Diversified Income Series Inc), Transfer Agency Agreement (Riversource Selected Series, Inc.)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and or on opinion of counsel for the CompanyFund.

Appears in 10 contracts

Samples: Transfer Agency and Servicing Agreement (Seligman Portfolios Inc/Ny), Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust), Transfer Agency and Servicing Agreement (Riversource Variable Portfolio Managers Series, Inc.)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 9 contracts

Samples: Transfer Agency Agreement (Strategist World Fund Inc), Transfer Agency Agreement (Express Direct World Fund Inc), Transfer Agency Agreement (Strategist Tax Free Income Fund Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors Trustees (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Axp California Tax-Exempt Trust), Transfer Agency Agreement (Axp Special Tax-Exempt Series Trust), Transfer Agency Agreement (Ids Special Tax Exempt Series Trust)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyFund.

Appears in 4 contracts

Samples: Of Transfer Agency Agreement (RiverSource Retirement Series Trust), Transfer Agency Agreement (Riversource Selected Series, Inc.), Transfer Agency Agreement (Axp Fixed Income Series Inc)

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Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyFund.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Axp Stock Series Inc), Class I Shares Transfer Agency Agreement (Axp Dimensions Series Inc), Class I Shares Transfer Agency Agreement (Axp Discovery Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors Trustees (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyTrust.

Appears in 2 contracts

Samples: Transfer Agency Agreement (Axp California Tax-Exempt Trust), Transfer Agency Agreement (Axp Special Tax-Exempt Series Trust)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board of Directors and on opinion of counsel for the CompanyCorporation.

Appears in 1 contract

Samples: Page 1 Transfer Agency Agreement (Ids Global Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.Compan

Appears in 1 contract

Samples: Transfer Agency Agreement (Ids Tax Free Money Fund Inc)

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