Committees of Trustees. The Board may, by resolution adopted by a majority of the authorized number of Trustees, designate one or more committees as set forth in the Declaration of Trust, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:
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Samples: National Retail Fund (National Retail Fund III), National Retail Fund II
Committees of Trustees. The Board may, of Trustees may by resolution adopted by a majority of the authorized number of Trustees, Trustees designate one or more committees as set forth in the Declaration committees, each consisting of Trusttwo (2) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:
Appears in 2 contracts
Samples: Two Roads Shared Trust, Two Roads Shared Trust
Committees of Trustees. The Board may, of Trustees may by resolution adopted by a majority of the authorized number of Trustees, Trustees designate one or more committees as set forth in the Declaration committees, each consisting of Trustone (1) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:
Appears in 1 contract
Samples: Montgomery Funds Iii
Committees of Trustees. The Board of Trustees may, by resolution adopted by a majority of the authorized number of Trusteesresolution, designate one or more committees as set forth in the Declaration committees, each consisting of Trusttwo (2) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:
Appears in 1 contract
Samples: Lsa Variable Series Trust