Delaware Statutory Trust Statute definition
Examples of Delaware Statutory Trust Statute in a sentence
The records of the Company shall be open to inspection by Shareholders to the extent permitted by Section 3819 of the Delaware Statutory Trust Statute but subject to such reasonable regulation as the Trustees may determine.
The Trustees shall not be personally liable to the claimants of the dissolved Company by reason of the Trustees’ actions in winding up the Company’s affairs if the Trustees complied with Section 3808(e) of the Delaware Statutory Trust Statute.
Any notice, proxy, vote, consent, report, instrument or writing of any kind or any signature referenced in, or contemplated by, this Declaration or the By-Laws may, in the sole discretion of the Trustees, be given, granted or otherwise delivered by electronic transmission (within the meaning of the Delaware Statutory Trust Statute), including via the internet, or in any other manner permitted by applicable law.
The Trustees shall have the power to issue, sell, repurchase, redeem, retire, cancel, acquire, hold, resell, reissue, classify and/or reclassify, dispose of, transfer, and otherwise deal in, Shares, including Shares in fractional denominations, and to apply to any such repurchase, redemption, retirement, cancellation or acquisition of Shares any funds or property, whether capital or surplus or otherwise, to the full extent now or hereafter permitted for trusts under the Delaware Statutory Trust Statute.