Trust authority definition
Examples of Trust authority in a sentence
Subject to the requirements of the Governing Instrument and the 1940 Act, the Trustees by Majority Trustee Vote may delegate to any Trustee or Trustees or committee or sub-committee of Trustees, officer or officers of the Trust or any agent of the Trust authority to approve particular matters or take particular actions on behalf of the Trust or any Portfolio.
Subject to applicable law, the Trustees by majority vote may delegate to any Trustee or Trustees or committee (which may, in addition to or in lieu of Trustees, include officers of the Trust) authority to approve particular matters or take any particular actions on behalf of the Trust including action for and binding upon the Trustees and the Trust with respect to the institution, prosecution, dismissal, settlement, review or investigation of any legal action, suit or proceeding pending or threatened.
A State may give a Statutory Trust authority to allocate RQH RU PRUH RI WKH WKUHH W\SHV RI IXQ is not required.
Subject to the requirements of the Governing Instrument and the 1940 Act, the Trustees by Majority Trustee Vote may delegate to any Trustee or Trustees or committee or sub-committee of Trustees, officer or officers of the Trust or any agent of the Trust authority to approve particular matters or take particular actions on behalf of the Trust or any portfolio thereof.
Subject to the requirements of the Governing Instrument and the 1940 Act, the Trustees by Majority Trustee Vote may delegate to any Trustee or Trustees or committee or sub-committee of Trustees, officer or officers of the Trust or any agent of the Trust authority to approve particular matters or take particular actions on behalf of the Trust.
Except as expressly provided in this Agreement, the Trustees by majority vote may delegate to any Trustee or Trustees or committee 12966669/2 Agreements and Declarations of Trust - CHY Third A&R Agreement and Declaration of Trust authority to approve particular matters or take particular actions on behalf of the Trust.
Except as expressly provided in this Agreement, the Trustees by majority vote may delegate to any Trustee or Trustees or committee 12966669/2 109 Agreements and Declarations of Trust - CGO Third A&R Agreement and Declaration of Trust authority to approve particular matters or take particular actions on behalf of the Trust.
A Settling State may give a Statutory Trust authority to allocate one (1) or more of the three (3) types of funds comprising such State’s Settlement Fund, but this is not required.
The Treasurer, as Trustee of the Trust, has been granted Trust authority under the Statute and made responsible for the receipt, maintenance, administration, investing and disbursement of amounts from the Trust.
Except as expressly provided in this Agreement, the Trustees by majority vote may delegate to any Trustee or Trustees or committee 12966669/2 Agreements and Declarations of Trust - CHI Third A&R Agreement and Declaration of Trust authority to approve particular matters or take particular actions on behalf of the Trust.