Common use of APPROVAL OF AUDITORS Clause in Contracts

APPROVAL OF AUDITORS. Unless precluded by applicable fiduciary duties or the failure of the Fund's shareholders to provide necessary ratification, the directors of the Company that are not "interested persons" of the Company, as defined in the 1940 Act, shall have selected as the independent certified public accountants for the Fund the independent certified public accountants selected and ratified for the Portfolio.

Appears in 6 contracts

Samples: Third Party Feeder Fund Agreement (Security Income Fund /Ks/), Third Party Feeder Fund Agreement (Security Income Fund /Ks/), Third Party Feeder Agreement (Usaa Mutual Fund Inc)

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