Common use of Guardianship Clause in Contracts

Guardianship. Where the Participant has been adjudicated disabled by a court of competent jurisdiction, and the court approves the participation in this Trust, the court may retain jurisdiction over the Trust and its administration. The Trustee shall accept service and be made party to said proceeding or may execute an applicable waiver of notice.

Appears in 2 contracts

Sources: Participation Agreement, Participation Agreement