Common use of Action by Board and Opinion of Counsel Clause in Contracts

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 93 contracts

Samples: Transfer Agency Agreement (Ids Discovery Fund Inc), Transfer Agency Agreement (Ids Managed Retirement Fund Inc), Transfer Agency Agreement (Axp Equity Select Fund Inc)

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Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyCorporation.

Appears in 37 contracts

Samples: Transfer Agency Agreement (Axp Growth Series Inc/Mn), Transfer Agency Agreement (Axp Discovery Series Inc), Transfer Agency Agreement (Axp Government Income Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on an opinion of counsel for the CompanyFund.

Appears in 13 contracts

Samples: Transfer Agent Agreement (Seligman Capital Fund Inc), Transfer Agent Agreement (Riversource Series Trust), Transfer Agent Agreement (Riversource Government Income Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and or on opinion of counsel for the CompanyFund.

Appears in 10 contracts

Samples: Transfer Agency and Servicing Agreement (Seligman Portfolios Inc/Ny), Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust), Transfer Agency and Servicing Agreement (RiverSource Variable Series Trust)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 9 contracts

Samples: Transfer Agency Agreement (American Express Certificate Co), Transfer Agency Agreement (Strategist Income Fund Inc), Transfer Agent Agreement (Ameriprise Certificate Co)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors Trustees (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Axp Special Tax-Exempt Series Trust), Transfer Agency Agreement (Ids California Tax Exempt Trust), Transfer Agency Agreement (Ids Special Tax Exempt Series Trust)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyFund.

Appears in 4 contracts

Samples: Transfer Agency Agreement (Riversource Equity Series Inc), Transfer Agency Agreement (Riversource Selected Series, Inc.), Transfer Agency Agreement (Axp Fixed Income Series Inc)

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Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyFund.

Appears in 3 contracts

Samples: Transfer Agency Agreement (Axp Stock Series Inc), Class I Shares Transfer Agency Agreement (Axp Dimensions Series Inc), Class I Shares Transfer Agency Agreement (Axp Discovery Series Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors Trustees (the "Board") or the Executive Committee of the Board and on opinion of counsel for the CompanyTrust.

Appears in 2 contracts

Samples: Transfer Agency Agreement (Axp California Tax-Exempt Trust), Transfer Agency Agreement (Axp Special Tax-Exempt Series Trust)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board and on opinion of counsel for the Company.Compan

Appears in 1 contract

Samples: Transfer Agency Agreement (Ids Tax Free Money Fund Inc)

Action by Board and Opinion of Counsel. The Transfer Agent may rely on resolutions of the Board of Directors (the "Board") or the Executive Committee of the Board of Directors and on opinion of counsel for the CompanyCorporation.

Appears in 1 contract

Samples: Page 1 Transfer Agency Agreement (Ids Global Series Inc)

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