Trustee Action by Written Consent Without a Meeting. Any action which may be taken at any meeting of the Board of Trustees or any committee thereof may be taken without a meeting if a consent or consents in writing setting forth the action so taken is signed by the Trustees having not less than the minimum number of votes that would be necessary to authorize or take that action at a meeting at which all Trustees on the Board of Trustees or any committee thereof, as the case may be, were present and voted. All such consents shall be filed with the secretary of the Trust and shall be maintained in the Trust's records.
Appears in 3 contracts
Samples: Agreement and Declaration (Assetmark Funds), Agreement and Declaration (Assetmark Funds), Agreement and Declaration (Templeton Capital Accumulator Fund Inc)
Trustee Action by Written Consent Without a Meeting. Any action which that may be taken at any meeting of the Board of Trustees or any committee thereof may be taken without a meeting and without prior written notice if a consent or consents in writing setting forth the action so taken is signed by the Trustees having not less than the minimum number of votes that would be necessary to authorize or take that action at a meeting at which all Trustees on the Board of Trustees or any committee thereof, as the case may be, were present and voted. All such consents shall be filed with the secretary of the Trust and shall be maintained in the Trust's records.
Appears in 3 contracts
Samples: Agreement and Declaration (Templeton Emerging Markets Fund Inc), Agreement and Declaration (Franklin Floating Rate Master Trust), Agreement and Declaration (Templeton Developing Markets Trust)
Trustee Action by Written Consent Without a Meeting. Any --------------------------------------------------- action which may be taken at any meeting of the Board of Trustees or any committee thereof may be taken without a meeting if a consent or consents in writing setting forth the action so taken is signed by the Trustees having not less than the minimum number of votes that would be necessary to authorize or take that action at a meeting at which all Trustees on the Board of Trustees or any committee thereof, as the case may be, were present and voted. All such consents shall be filed with the secretary of the Trust and shall be maintained in the Trust's records.
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