Construction of Powers. In construing the provisions of Section 4.4 hereof, the presumption shall be in favor of a grant of power to the Governing Board. The Governing Board shall not be required to obtain any court order to deal with the Investment Property.
Appears in 3 contracts
Samples: Municipal Cooperation Agreement, Municipal Cooperation Agreement, Cooperative Liquid Assets Securities System
Construction of Powers. β In construing the provisions of Section 4.4 hereof, the presumption shall be in favor of a grant of power to the Governing Board. The Governing Board shall not be required to obtain any court order to deal with the Investment Property.
Appears in 1 contract
Samples: Municipal Cooperation Agreement
