Authority Relative to the Agreement. The AXP Corporation has the power to enter into and carry out the obligations described in this Agreement. The Agreement and the transactions contemplated by it have been duly authorized by the Board of Directors and no other proceedings by the AXP Corporation or the Acquiring Fund are necessary.
Appears in 17 contracts
Samples: Agreement and Plan of Reorganization (Ids Selective Fund Inc), Agreement and Plan of Reorganization (Axp New Dimensions Fund Inc /Mn/), Agreement and Plan of Reorganization (Axp Investment Series Inc)
