endobj /FT /Btn << (4) Tj /S /JavaScript stream << If there is more than one current beneficiary, distributions may be made to all or any one or more of them in such equal or unequal proportions and amounts as the Trustee, in its discretion may determine, including distributing all or nothing to any one or more of the beneficiaries, and there shall be no adjustment among the beneficiaries by reason of any distribution. << 0 0 Td /Contents 391 0 R /StructParent 728 182 0 obj endstream 242 0 obj /Rect [356.52 272.88 496.56 285.6] /FT /Tx /MK << /Kids [281 0 R 282 0 R 283 0 R] 190 0 obj /ZaDb 13 0 R /Rect [450.6 674.64 558.6 687.96] >> >> /MK << endstream /BleedBox [0.0 0.0 612.0 792.0] /AP << >> /Fm0 385 0 R << /FT /Sig << >> /On 183 0 R /Encoding << /ZaDb 8.9925 Tf /SpaceAfter 41.875 /TU (Grantor Name 2: Country of Residency \(if other than USA\)) endobj endobj /TU (Signature of Trustees requiring Notarization: Use this page when the Notary is in Florida \(Please note that all fields, including the boxes below, must be completed by the Notary Public or the document will be returned\): B\) Agreed and Certified to this: Enter Month) /DR << 357 0 obj /Subtype /Widget /Subtype /Widget /P 135 0 R >> /F 4 /LastModified (D:20211212090914-05'00') n /FT /Tx /DR << /Helv 152 0 R endobj /On 358 0 R /FT /Tx /DocumentID >> 104 0 obj n endobj >> 160 0 obj Wealth Management is part of the Informa Connect Division of Informa PLC. /O /Layout >> /Ff 8388608 stream ET /Subtype /Widget 7 0 obj /MK << 301 0 obj >> /FT /Btn /Subtype /Widget /Subtype /Form /N 153 0 R >> stream /Helv 167 0 R /AA << /0 [5943.0 0.0 3.0 223.2 362.88 279.08 368.88 1.0 0.0 0.0 << /A 366 0 R >> << Who /MK << 355 0 obj 1.0 4.21616 370.08] Without limiting the foregoing and to the extent not inconsistent with the 1940 Act or other applicable law, the Trustees shall have power and authority: Most comprehensive library of legal defined terms on your mobile device, All contents of the lawinsider.com excluding publicly sourced documents are Copyright 2013-, Provisions Regarding Payment of Retirement Benefits to Non-individual Beneficiaries. WebAs the chief executive officer of the University, the President has general direction, control, and supervision over the operations of the University. /StructParent 535 /P 137 0 R /StructParent 594 /Type /XObject >> Note that the following form is for a Revocable Trust: 15.24 Special Representation Provisions. >> /Encoding << /StructParent 736 >> >> >> /Ff 8388608 /FormType 1 >> /ProcSet [/PDF /Text] /FT /Tx /PageUIDList << /Ff 29360128 >> /DA (/Helv 10 Tf 0 g) Without notice to the qualified beneficiaries, a Trustee authorized to make distributions to or for the benefit of a beneficiary may, by an instrument in writing, signed and acknowledged by the Trustee and filed with the records of the trust, instead exercise the power by appointing all or part of the principal of the trust subject to the power in favor of a Trustee of another trust for the benefit of one (1) or more of the beneficiaries under the same trust instrument or under a different trust instrument, provided the exercise otherwise complies with the provisions of F.S. >> >> << 736.0802(5). /F 4 /Subtype /Widget /T (2B2 - Date of Birth_1) /A 319 0 R 68 0 obj 12.Pursuant to the provisions of Section 736.1017(7) of the Florida Trust Code, a person who in good faith enters into a transaction in reliance on a certification of trust may enforce the transaction against the trust property as if the representations contained in the certification were correct. endobj /Font << /FormType 1 /FT /Tx << 8.6597 TL endobj /igrave /iacute /icircumflex /idieresis /eth /ntilde /ograve /oacute /ocircumflex /otilde /Type /Annot /quoteright /quotesinglbase /trademark /fi /fl /Lslash /OE /Scaron /Ydieresis /Zcaron Q >> >> /SpaceAfter 9 /FT /Btn >> /P 129 0 R During any period or periods that no Designated Representative is acting with respect to the trust, the Trustee shall provide the accountings and notices to be given by the Trustee pursuant to the provisions of Section 15.23 of this Article, to the qualified beneficiaries of the trust. /On 313 0 R /FormType 1 /TU (before me, \(Insert name and title of officer\)) /PDFDocEncoding 151 0 R >> /FT /Btn /MaxLen 2 endobj /StructParent 609 /DA (/Helv 10 Tf 0 g) /P 137 0 R endobj endobj >> /NumberOfPageItemsInPage 2 >> 8. /T (Signature of Trustee_3) 236 0 obj /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] /LastModified /AS /Off >> /FT /Tx Delegation << stream /MaxLen 4 /Parent 71 0 R /ZaDb 552 0 R /AA << /F 4 endstream /MK << >> /MaxLen 5 /Type /XObject 0.749023 g /Rect [135.96 603.12 560.04 621.24] endobj /Subtype /Widget /F 4 /Off 321 0 R 91 0 R 124 0 R 212 0 R 213 0 R 269 0 R 247 0 R 276 0 R 249 0 R 125 0 R 250 0 R /Rect [341.4 214.44 557.4 229.08] /FormType 1 /Ff 8388608 >> /ZaDb 8.9925 Tf >> /StructParent 538 /Type /Annot /N 14 0 R 221 0 R 233 0 R 222 0 R 223 0 R 104 0 R 105 0 R 126 0 R 224 0 R 225 0 R 271 0 R /T1_1 384 0 R << stream << /On 298 0 R 215 0 obj /AA << WebTrustee selling to self as trustee of another trust. /GS2 379 0 R /PDFDocEncoding 151 0 R << >> 8.6597 TL Check if a Special or Supplemental Needs Trust) >> /DA (/Helv 0 Tf 0 g) The Trustees agree that any notice sent to one Trustee will constitute as a notice to all Trustees. /PieceInfo << /Helv 163 0 R /TU (9B. /BaseFont /Helvetica >> >> >> endobj /AP << << /EndIndent 5.375 /Ff 8388608 /Type /Annot /ZaDb 555 0 R /Subtype /Widget /Type /Annot >> endobj >> q /PageTransformationMatrixList << /MediaBox [0.0 0.0 612.0 792.0] endobj There are two quite distinct forms of delegation by trustees: collective delegation and individual delegation. /Subtype /Form endobj Any revocation, amendment or cancellation is to be made in the same manner as is provided above for making a designation or establishing a plan; provided, however, that no revocation, amendment or cancellation is effective to remove any then acting Designated Representative. 2.4362 3.3161 Td /JS (SyncCheckboxes\(event.target\);) /brokenbar 168 /dieresis /copyright /ordfeminine 172 /logicalnot /.notdef /registered /macron /Resources << /Ff 8388608 /FT /Sig /DocumentID /InDesign << /T (Signature of Notary Public_3) /TrimBox [0.0 0.0 612.0 792.0] /Encoding << /T (Revocable and amendable) endobj >> /TU (Signature of Trustee #2) /Cour 11 0 R f >> /Ff 8388608 /MaxLen 4 >> /AP << /Encoding << /Subtype /Form 5 0 obj Download Authenticated PDF (A) A trustee may delegate duties and powers that a prudent trustee having comparable skills could properly delegate under the circumstances. /ProcSet [/PDF /Text] /MaxLen 4 >> /S /JavaScript If at any time any trust created under this trust instrument is, in the sole judgment of the Trustee, of the aggregate principal value of One Hundred Thousand Dollars ($100,000.00) or less, or if the Trustees compensation for services rendered exceeds fifty percent (50%) of the net income of the trust, the Trustee (other than a Restricted Trustee) may, but need not, terminate the trust and distribute the trust estate to the beneficiary or beneficiaries then receiving or entitled to receive the net income from the trust, in proportionate shares. /Rect [54.24 512.88 66.72 525.6] /Helv 157 0 R /P 134 0 R /Rect [159.065 399.025 267.065 413.785] /Type /XObject 110 0 obj >> /F 4 /TU (6\) Trustee 2 initials: If applicable, all current trustees must initial in spaces provided) 2.9 Legal Action. /MaxLen 2 /F 4 8.6597 TL Margin transactions 1 including short sales: All current trustees must initial those that apply in spaces provided:) /TextIndent -13.5 stream /P 137 0 R /GS1 380 0 R /Subtype /Form >> /Type /Annot 132 0 obj /Filter /FlateDecode /Rect [48.6 71.88 101.76 87.24] >> /FormType 1 /Parent 50 0 R /Subtype /Widget /S /JavaScript << /Font << /S /JavaScript /MaxLen 3 endobj /StructParent 433 /T1_1 384 0 R >> /TU (5D. /NumberofPages 1 << << /F 4 1 1 10.48 10.72 re There are also requirements for the trustees to keep the policy statement and compliance with it under review and to monitor the investment managers performance. << << /Parent 70 0 R Self-Dealing by Trustee. << >> H,=@DSjG+B:%F_xXpot;Y5;fcrVg{# w /F 4 W /Filter /FlateDecode /Ff 8388608 /Font << << /florin /fraction /guilsinglleft /guilsinglright /minus /perthousand /quotedblbase /quotedblleft /quotedblright /quoteleft >> /ProcSet [/PDF] /MK << /K 173 0 R /FormType 1 /CropBox [0.0 0.0 612.0 792.0] /DR << << >> /Ff 8388608 >> /Font << /S /JavaScript /T (F-2) >> /S /JavaScript /GS0 378 0 R /DA (/Helv 10 Tf 0 g) /Ff 8388608 /Name /Helv /P 136 0 R /Subtype /Form endobj endobj << >> 292 0 obj 46 0 obj Delegation of authority to sign all documents on behalf of the Minnesota State Colleges and Universities, its colleges or universities, the system office and/or its Board of Trustees is vested without limitation in the chancellor. /DR << >> >> << W /Parent 70 0 R >> /Type /XObject endobj /CM6 << /StructParent 578 /Ff 8388608 Sub-delegations of authority must be documented in writing, on the FIU approved form, and provided to the Office of the General Counsel for recording in the Universitys records. /Subtype /Widget /T (MLPFS Account03_5) << /Encoding << 0 0 12.48 12.72 re >> /JS (SyncCheckboxes\(event.target\);) /Type /XObject /T ( year of_3) /Resources << /Encoding << /Parent 71 0 R /NumberOfPageItemsInPage 2 /PageUIDList << >> /BBox [0.0 0.0 9.36 9.48001] /Fm1 390 0 R /DA (/Helv 10 Tf 0 g) >> /Ff 29360128 endstream << >> /T (Signature of Trustee_5) << /CM37 << >> 167 0 obj endobj /ProcSet [/PDF] /Resources << >> >> /BleedBox [0.0 0.0 612.0 792.0] >> Among other things, the President is responsible for: 203 0 obj /Parent 71 0 R /Type /Annot /ZaDb 5.6414 Tf /SpaceAfter 12.25 /FT /Tx /F 4 /LastModified (D:20211212090914-05'00') /Subtype /Widget endobj /Subtype /Widget /DA (/Helv 10 Tf 0 g) /MK << << EMC /FT /Tx >> /Parent 70 0 R /AS /Off /Subtype /Widget /StructParent 509 /Type /Page /0 7250 /TU (B\) Agreed and Certified to this day of: \(Enter 2-Digit Day\)) /P 136 0 R ET q /StructParent 641 delegation /MK << >> Web - Delegate any and all authority or powers of the trustee under the trust, whether discretionary or otherwise, and to appoint attorneys, auditors, financial advisers and other Without limiting the foregoing, the Trustees may adopt By-Laws not inconsistent with this Declaration of Trust providing for the conduct of the business and affairs of the Trust and may amend and repeal them to the extent that such By-Laws do not reserve that right to the Shareholders; they may as they consider appropriate elect and remove officers and appoint and terminate agents and consultants and hire and terminate employees, any one or more of the foregoing of whom may be a Trustee, and may provide for the compensation of all of the foregoing; they may appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including without implied limitation an executive committee, which may, when the Trustees are not in session and subject to the 1940 Act, exercise some or all of the power and authority of the Trustees as the Trustees may determine; in accordance with Section 3.3 they may employ one or more advisers, administrators, depositories and custodians and may authorize any depository or custodian to employ subcustodians or agents and to deposit all or any part of such assets in a system or systems for the central handling of securities and debt instruments, retain transfer, dividend, accounting or Shareholder servicing agents or any of the foregoing, provide for the distribution of Shares by the Trust through one or more distributors, principal underwriters or otherwise, set record dates or times for the determination of Shareholders or certain of them with respect to various matters; they may compensate or provide for the compensation of the Trustees, officers, advisers, administrators, custodians, other agents, consultants and employees of the Trust or the Trustees on such terms as they deem appropriate; and in general they may delegate to any officer of the Trust, to any committee of the Trustees and to any employee, adviser, administrator, distributor, principal underwriter, depository, custodian, transfer and dividend disbursing agent, or any other agent or consultant of the Trust such authority, powers, functions and duties as they consider desirable or appropriate for the conduct of the business and affairs of the Trust, including without implied limitation the power and authority to act in the name of the Trust and of the Trustees, to sign documents and to act as attorney-in-fact for the Trustees. endobj /Resources << /PageTransformationMatrixList << /O /Layout n /Rect [53.8945 539.76 66.3746 552.48] /InDesign << >> /StructParent 719 Otherwise, trustees are obliged to take advice and then give instructions to a broker for each sale or purchase of an investment. stream /DA (/Helv 10 Tf 0 g) /Type /XObject /Subtype /Form /AP << endobj /FT /Tx 5.4326 TL /StructParent 420 139 0 obj endobj Notwithstanding the provisions of Florida Statutes 736.0108(6), the Trustee is not required to notify the qualified beneficiaries of the trust in exercising the power granted to the Trustee by this subsection. 1. 208 0 obj BT /LastModified /PDFDocEncoding 151 0 R /MK << /TU (9A. /Length 36 << >> >> /T ( Agreed and Certified to this_4) /florin /fraction /guilsinglleft /guilsinglright /minus /perthousand /quotedblbase /quotedblleft /quotedblright /quoteleft /TU (Please check one of the following \(REQUIRED\): Personally known or) << >> /JS (SyncCheckboxes\(event.target\);) /Resources << /TU (9B. /T ( Signed and sworn to or affirmed before me this) /Rect [54.2872 241.771 66.7673 254.491] /LineHeight 18.625 (viii) Appointment of Successor Designated Representatives in Default of Designation. /ProcSet [/PDF /Text] Q >> 360 0 obj Delegation of Powers among Trustees Sample Clauses /PDFDocEncoding 151 0 R 2.4362 3.3161 Td (D)(3) 4 d320217dex99d3.htm FORM OF DELEGATION AGREEMENT, Viewed December 13, 2021, View Source on SEC. /Type /XObject >> /Type /Annot /F 4 335 0 obj /TU (Country of residency for Trustee Name 2) /Subtype /Form << /Length 90 << 0.749023 g >> /Type /Annot Applicable state law, including, while applicable, Florida Statutes 736.0105(2), may provide certain mandatory and non-waivable provisions that apply to each trust created under this trust instrument. /T (For trusts with more than one trustee only04) >> 73 0 obj /Rect [123.48 555.12 557.4 572.88] /F 4 9. 311 0 obj 126 0 obj 318 0 obj 225 0 obj /Subtype /Widget /F 4 /GS2 379 0 R /D << /T ( Names of all current trustees03) /MaxLen 2 /Resources << /F 4 /LineHeight 15.5 /F 4 /TU (Signature of Trustee) /AA << /AS /Off /F 4 /Encoding << 347 0 obj 159 0 obj /Ff 29360128 << /F 4 EMC WebDelegation of Trustee Responsibilities. Every officer or committee shall, in the exercise of the power so delegated, comply with any restrictions that may be imposed on them by the member(s). /S /GoTo /AA << /Rect [68.76 272.88 144.72 287.52] /MaxLen 5 /Rect [405.84 282.12 509.76 295.44] /Parent 70 0 R 8.6597 TL >> 1 1 7.36 7.48 re /S /JavaScript endobj 0.749023 g The jurisdiction whose law governs the administration of any trust may be the same as the situs of such trust.
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