DEPOSIT AND WITHDRAWAL OF FUNDS. (a) All monies received by the Board hereunder shall be deposited with the Custodian, or such other banks or trust companies (insured by the Federal Deposit Insurance Corporation) or other broker- dealers or similar financial institutions (insured by the Securities Investor Protection Corporation) as the Board may designate as Custodians or other trustees of all or a portion of the assets of the Trust.
Appears in 2 contracts
Samples: Agreement and Declaration, Agreement and Declaration
DEPOSIT AND WITHDRAWAL OF FUNDS. (a) All monies received by the Board hereunder shall be deposited with the Custodian, or such other banks or trust companies (insured by the Federal Deposit Insurance Corporation) or other broker- broker-dealers or similar financial institutions (insured by the Securities Investor Protection Corporation) as the Board may designate as Custodians or other trustees of all or a portion of the assets of the Trust.
Appears in 2 contracts
Samples: The Agreement and Declaration of Trust Establishing the American, Agreement and Declaration
