CONCLUSIVENESS OF ACTIONS. Every action taken by the Trustees, acting jointly, pursuant to this Trust shall be conclusive and binding upon all persons and no person will have any right or responsibility to look into the authority of the Trustees to perform any act.
Appears in 4 contracts
Samples: Shareholders’ Trust (Cap Rock Energy Corp), Shareholders’ Trust (Cap Rock Energy Corp), Shareholders’ Trust (Cap Rock Energy Corp)
CONCLUSIVENESS OF ACTIONS. Every action taken by the Trustees, acting jointly, pursuant to this Trust shall be conclusive and binding upon all persons and no person will have any right or responsibility to look into the authority of the Trustees to perform any act.. ARTICLE IV
Appears in 1 contract
Samples: Cap Rock Energy Corp