Permissible Investments. The assets of the Plan shall be invested only in those investments which are available through the Custodian in the ordinary course of business which the Custodian may legally hold in a qualified plan and which the Custodian chooses to make available to Employers for qualified plan investments. Notwithstanding the preceding sentence, the Prototype Sponsor may, as a condition of making the Plan available to the Employer, limit the types of property in which the assets of the Plan may be invested.
Permissible Investments. The Trustee may invest the assets of the Plan in property of any character, real or personal, including, but not limited to the following: stocks, including shares of open-end investment companies (mutual funds); bonds; notes; debentures; options; limited partnership interests; mortgages; real estate or any interests therein; unit investment trusts; Treasury Bills, and other U.S. Government obligations; common trust funds, combined investment trusts, collective trust funds or commingled funds maintained by a bank or similar financial organization (whether or not the Trustee hereunder); savings accounts, time deposits or money market accounts of a bank or similar financial organization (whether or not the Trustee hereunder); annuity contracts; life insurance policies; or in such other investments as is deemed proper without regard to investments authorized by statute or rule of law governing the investment of trust funds but with regard to ERISA and this Plan. Notwithstanding the preceding sentence, the Prototype Sponsor may, as a condition of making the Plan available to the Employer, limit the types of property in which the assets of the Plan may be invested.
Permissible Investments. All of the types of investments to be made by the Corporation as described in the Offering Circular are permitted under the terms of the Plan.
Permissible Investments. Subject to applicable statutes and regulations, it is understood that Trustees, officers or agents of the Trust are or may be interested in the Adviser as officers, directors, agents, shareholders or otherwise, and that the officers, directors, shareholders and agents of the Adviser may be interested in the Trust otherwise than as a director, officer or agent.
Permissible Investments. The payment made into the mortuary trust pursuant to paragraph 3 must be deposited in: □ a federally insured deposit or share account □ a trust account. (check one) A deposit in a trust account may be invested in or used to purchase only the following: Federally insured deposit or share accounts; Securities issued, insured or guaranteed by the United States or by any agency or corporate or other instrumentality of the United States; Municipal securities that are exempt from registration under 32 MRSA §10502(1)(A); and Permanent life insurance, other than variable life insurance and annuities, from an insurer authorized to transact insurance in this State, subject to the provisions of 24-A MRSA, chapter 27. A funeral home, its employees and agents may not receive any commission, fee or other consideration from an insurer in connection with the procurement or purchase of insurance permitted by this subparagraph. If the funeral home subsequently transfers or deposits all or any part of the mortuary trust into the investment category not initially selected by the payor (i.e., federally insured account or trust account), the funeral home shall notify the payor within ten (10) days after making the deposit or transfer. No additional consent of the payor is necessary to authorize the change.
Permissible Investments. Cash Collateral may be invested in the following as Permissible Investments, provided however that Lender may at any time modify this listing by written notice to Agent:
Permissible Investments. Nothing contained in this Section shall ------------------------ be deemed to prevent or limit the Employee's right to invest in the capital stock or other securities of any business dissimilar from that of the Bank, or, solely as a passive or minority investor, in any business.
Permissible Investments. The Permissible Investments shall include (check any options you wish to elect):
Permissible Investments. 9 Section 4.3 Maintenance of Assets....................................10 Section 4.4 Disposition or Encumbrance of Assets.....................10 Section 4.5 Use of Brokers and Appraisers............................10 Section 4.6 Transactions with Related Parties........................10 Section 4.7 Approval of Major Transactions...........................11
Permissible Investments. Trust assets shall consist principally of ownership interests in income-producing real property. Such real property may be located in any state, territory or possession of the United States (including the District of Columbia) and shall be comprised for the most part of hotels, office buildings, apartment buildings, shopping centers, or other multiple-residential, commercial or industrial properties. Secondary investments of Trust assets may be of such nature and of such extent as the Trustees may determine, having in mind the best interests of the Trust and of the shareholders. Other things being equal, Trust investments shall be chosen for their best overall return on investment, including both income production and appreciation potential, among other factors; but this principle shall be understood to be intended only as a general guide to assist the Trustees in the exercise of their discretion. Funds may be accumulated or invested temporarily until such times as more suitable investments are available. The Trust may also participate in joint ventures and may purchase or merge with other real estate investment trusts and companies, provided the assets and investments of said joint ventures, trusts and companies are permissible hereunder. Undivided interests in property may be acquired for the Trust, and encumbered property may be acquired subject to, or with assumption of, the underlying indebtedness.
