4 Powers definition

4 Powers without consent of Directors3 Present trustee20 Protective provisions -- See "Trustee, Liability". Qualifications: bank or trust company in Massachusetts11 Receipt of Trustee24 Registration of votes of directors by trustee20 Reimbursement and exoneration10, 22 Reliance on certificate of Secretary, etc.23 Removal11-12 Remuneration14 Reports to Shareholders42 Resignation11, 12 Securities may be owned by Trustee11, 26 Successors11-13, 60 Trustee may hold other positions26 Vacancies12 Vesting of estate in new trustee13

Examples of 4 Powers in a sentence

  • The business and affairs of the Agency, and all of its powers, including without limitation all powers set forth in Article 4 (Powers), are reserved to and shall be exercised by and through the Board of Directors, except as may be expressly delegated to the staff or others pursuant to this Agreement, Bylaws, or by specific action of the Board of Directors.

  • Provision Description of Power Legislative Procedure Clause 4 Powers corresponding to section 3 involving devolved authorities inserts new Part 1A into Schedule 2 to the European Union (Withdrawal) Act 2018 (EUWA) Provides the Welsh Ministers with a power to make supplementary provision in connection with the implementation period.

  • The business and affairs of the Authority, and all of the powers of the Authority, including without limitation all powers set forth in Article 4 (Powers), are reserved to and shall be exercised by and through the Board of Directors, except as may be expressly delegated to the Executive Director or others pursuant to this Agreement, Bylaws, or by specific action of the Board of Directors.

  • The business and affairs of the Agency, and all of the powers of the Agency, including without limitation all powers set forth in Article 4 (Powers), are reserved to and shall be exercised by and through the Board of Directors, except as may be expressly delegated to the Executive Director or others pursuant to this Agreement, Bylaws, or by specific action of the Board of Directors.

  • The business and affairs of the SCV-GSA, and all of the powers of the SCV-GSA, including without limitation all powers set forth in Article 4 (Powers), are reserved to and shall be exercised by and through the Board of Directors, except as may be expressly delegated pursuant to this Agreement, bylaws, or by specific action of the Board of Directors.

  • The proposed change would specify that only amendments to Section 4, Powers, and the addition of new member agencies would require member agency approval by resolution.