Common use of Continued Compliance with Applicable Law Clause in Contracts

Continued Compliance with Applicable Law. The Trustee is, at any time during the continuance of any trust established by the terms of this Agreement, authorized to engage in reformation of the Trust, by a writing made and filed with the records of such trust, that is necessary to respond to the reasonable requirements of an administrative agency with the authority to dispense public benefits or regulate this Trust or the Trustee, or any changes including, but not limited to the Program Operations Manual System (POMS) of the Social Security Administration, or any relevant statutory, regulatory or case law in order ensure that the Trust remains in compliance with such changes.

Appears in 4 contracts

Samples: Special Needs Trust, Special Needs Trust, Special Needs Trust

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!