Common use of Trust Powers Clause in Contracts

Trust Powers. The Trustees shall have such powers as may be necessary to discharge their responsibilities in managing and controlling the Trust. The Trustees shall have full and complete authority and control over the Trust unless such authority or control is allocated or delegated by the Trustees in accordance with the procedures set forth in section 7.2(b) or (c), or elsewhere herein. Any determination made by the Trustees in the exercise of these powers shall be binding on all persons. In addition to such powers as are conferred by law or as set forth elsewhere in this Agreement, the powers of the Trustees in connection with their managing and controlling the Trust shall include, but shall not be limited to, those listed in this section 6.4, except that the Trustees shall exercise any power in a manner which is consistent with the applicable provisions of Colorado Revised Statutes. The Association, Board and the Trustees recognize that not all of the investments listed in this section 6.4 are permissible under Colorado Revised Statutes section 24-75-601.1 as in effect on the date the Agreement is signed:

Trust Powers. The Trustees shall have such powers as may be necessary to discharge their responsibilities in managing and controlling the Trust. The Trustees shall have full and complete authority and control over the Trust unless such authority or control is allocated or delegated by the Trustees in accordance with the procedures set forth in section 7.2(b) or (c), or elsewhere herein. Any determination made by the Trustees in the exercise of these powers shall be binding on all persons. In addition to such powers as are conferred by law or as set forth elsewhere in this Agreement, the powers of the Trustees in connection with their managing and controlling the Trust shall include, but shall not be limited to, those listed in this section 6.4, except that the Trustees shall exercise any power in a manner which is consistent with the applicable provisions of Colorado Revised Statutes. The Association, Board and the Trustees recognize that not all of the investments listed in this section 6.4 are permissible under Colorado Revised Statutes section 24-75-601.1 24‑75‑601.1 as in effect on the date the Agreement is signed:

Trust Powers. The Trustees shall have such powers as may be necessary to discharge their responsibilities in managing and controlling the Trust. The Trustees shall have full and complete authority and control over the Trust unless such authority or control is allocated or delegated by the Trustees in accordance with the procedures set forth in section 7.2(b7.2(c) or (cd), or elsewhere herein. Any determination made by the Trustees in the exercise of these powers shall be binding on all persons. In addition to such powers as are conferred by law or as set forth elsewhere in this Agreement, the powers of the Trustees in connection with their managing and controlling the Trust shall include, but shall not be limited to, those listed in this section 6.4, except that the Trustees shall exercise any power in a manner which is consistent with the applicable provisions of Colorado Revised Statutes. The Association, Board and the Trustees recognize that not all of the investments listed in this section 6.4 are permissible under Colorado Revised Statutes section 24-75-601.1 as in effect on the date the Agreement is signed: