Statute definition

Statute means the Companies Act (As Revised) of the Cayman Islands.

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Statute means the Companies Law (2020 Revision) of the Cayman Islands.

Statute means the Companies Law of the Cayman Islands as amended and every statutory modification or re-enactment thereof for the time being in force.

Examples of Statute in a sentence

• The Sponsor shall reasonably keep the Trustee informed of any actions taken by the Sponsor with respect to the Trust that would reasonably be expected to affect the rights, obligations or liabilities of the Trustee hereunder or under the Delaware Trust Statute.

• It is the intention of the parties hereto that the Trust shall be a statutory trust, under the Delaware Trust Statute and that this Trust Agreement shall constitute the governing instrument of the Trust.

• Any successor Trustee must satisfy the requirements of Section 3807 of the Delaware Trust Statute.

• Pursuant to Section 3806(b)(7) of the Delaware Trust Statute, the Sponsor may delegate, as provided herein, the duty and authority to manage the Trust.

• Any fiduciary duties that would otherwise be imposed on the Sponsor under the Delaware Trust Statute, at law or in equity are hereby eliminated and replaced entirely by the terms of this Trust Agreement.

More Definitions of Statute

Statute means Sections 180.0850 through 180.0859, inclusive, of the Wisconsin Business Corporation Law, Chapter 180 of the Wisconsin Statutes, as the same shall then be in effect, including any amendments thereto, but, in the case of any such amendment, only to the extent such amendment permits or requires the Corporation to provide broader indemnification rights than the Statute permitted or required the Corporation to provide prior to such amendment.

Statute means the Companies Act (2020 Revision) of the Cayman Islands.

Statute means the Companies Law (2016 Revision) of the Cayman Islands.

Statute means the Companies Law (2018 Revision) of the Cayman Islands.

Statute means the Companies Law (2013 Revision) of the Cayman Islands.

Statute means an act of the legislature of this state.

Statute means the Companies Act (2021 Revision) of the Cayman Islands.