Meetings of Trustees. Section 2.1
Meetings of Trustees. 4 2.1 Regular Meetings 2.2 Special Meetings 4 2.3 Notice 2.4 Quorum 2.5 Participation by Telephone 2.6 Action by Consent ARTICLE 3 - OFFICERS 5 3.1 Enumeration and Qualification 3.2 Election 5 3.3 Tenure 3.4 Powers
Meetings of Trustees. Regular Meetings. Regular meetings of the Trustees may be held without call or notice at such places and at such times as the Trustees may from time to time determine, provided that notice of the first regular meeting following any such determination shall be given to absent Trustees. A regular meeting of the Trustees may be held without call or notice immediately after and at the same place as any meeting of the shareholders.
Meetings of Trustees. Meetings of the Trustees shall be held at such place or places as may be agreed upon by the Chairman and Secretary and may be called by the said officers upon ten (10) days’ written notice to the other Trustees and may be held at any time without such notice if all the Trustees consent thereto in writing. Meetings may be held by electronic means so long as all participants can speak and be heard contemporaneously, or through a mixture of in-person and electronic means.
Meetings of Trustees. Meetings for the trustees shall be held at regular intervals to be established by the trustees. After the election of trustees provided for herein the trustees shall hold an initial meeting at which time they shall establish the time for meetings. A majority of the trustees shall constitute a quorum, and an absent trustee's vote shall not be necessary to carry out any matter voted on at a meeting which holds a quorum. WRITTEN REPORTS BY TRUSTEES A written report shall be prepared annually showing operations during the preceding fiscal year, receipts, disbursements, and earnings, and the assets and conditions of the trust estate. OFFICERS AND AGENTS Trustees shall appoint from among their number a President, Treasurer, and Secretary and shall perform such duties which are characteristic of that position. The terms and conditions of the positions shall be set forth by the trustees. The removal of a trustee from any such a position shall not affect his or her status as a trustee unless voted on otherwise. COMPENSATION OF TRUSTEES Trustees shall be compensated as they deem reasonable and proper. They shall fix the compensation, if any, of all officers and gents appointed by them. GENERAL FUNCTIONS AND POWERS OF THE TRUSTEES Trustees hold legal title, as if they were absolute owners, to all the property at any time belonging to the trust and have absolute control of such property subject to the limitation in this trust. Trustees also have the right to acquire property for the trust as they see proper and necessary to benefit the trust. Trustees may xxx and be sued and prosecute and defend any and all actions affecting the trust or its business or property, either in the name of the trust or their own names. Trustees may adopt and enforce such bylaws or rules and regulations, not consistent with the provisions of this instrument they deem to be expedient. APPLICATION OF TRUST FUNDS Any action or thing carried out by a trustee with authority from trustees, officers, or agents shall be deemed to be within the purposes of this trust and within the powers of the trustees. LIABILITY OF TRUSTEES A trustee shall only be responsible for their own actions and not that of the trustees, but shall not be liable for any negligence or error in judgment, or for any act or omission, except for his or her own willful breach of trust. A trustee shall not be required to give any bond or surety to secure the performance of the trust. Every act or thing done or omitted by a trustee ...
Meetings of Trustees. 11.1 Subject to the Trustees giving effect to the terms and conditions of this deed, they shall, in administering the Trust and its affairs generally, adopt such procedures and take such administrative steps as they shall from time to time deem necessary and advisable.
Meetings of Trustees. 7.1 The Trustees shall hold at least two ordinary meetings in each calendar year and at least twenty-one days notice of such meetings shall be given.
Meetings of Trustees. 7 Section 2.08 Quorum and Voting...................................... 7 Section 2.09 Informal Action By Board of Trustees................... 8 Section 2.10
Meetings of Trustees. The Trustees may hold meetings, both regular and special. The Chairman or two or more of the Trustees may call special meetings of the Trustees. The Trustees may provide, by resolution, the time and place for the holding of regular meetings of the Trustees without other notice than such resolution. Notice of any special meeting of the Trustees shall be delivered personally or by telephone, facsimile transmission, U.S. mail or courier to each Trustees at the Trustee's business or residence address. Notice by personal delivery, by telephone, by telegraph, or by facsimile transmission shall be given at least 24 hours prior to the meeting. Notice by mail shall be given at least three days prior to the meeting and shall be deemed to be given when deposited in the United States mail properly addressed, with postage prepaid. Telephone notice shall be deemed given when the Trustee or the Trustee's agent is personally given the notice in a telephone call in which the Trustee or the Trustee's agent is a party. Facsimile transmission notice shall be deemed to be given upon completion of the transmission to the number given to the Trust by the Trustee and receipt of a completed answer-back indicating receipt. Neither the business to be transacted at, nor the purpose of, any regular or special meeting of the Trustees need to be stated in the notice unless specifically required by statute or this Trust Instrument. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before or after the meeting.
Meetings of Trustees. Unless otherwise provided, the actions of Trustees require majority approval of the Trustees if considered at a meeting, and unanimous written approval if otherwise approved. · Trustees may delegate powers to committees and the Declaration of Trust will contemplate the creation of an audit committee and a governance, nomination and compensation committee as well as provide for the creation of such other committees as the Trustees may determine. · Chairman will not have a casting vote.
