Establishment and Designation of Series or Class. (a) The establishment and designation of any Series or Class thereof shall be effective upon the adoption by a majority of the then Trustees of a resolution that sets forth such establishment and designation and the relative rights and preferences of such Series or Class, whether directly in such resolution or by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution.
Appears in 11 contracts
Samples: And Restated Agreement and Declaration of Trust (Bexil Investment Trust), Agreement and Declaration of Trust (Dividend & Income Fund), Agreement and Declaration of Trust (Dividend & Income Fund)
Establishment and Designation of Series or Class. (a) The establishment and designation of any Series or Class thereof of Shares of the Trust shall be effective upon the adoption by a majority of the then Trustees of a resolution that sets forth such establishment and designation and the relative rights and preferences of such Series or ClassClass of the Trust, whether directly in such resolution or by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution.
Appears in 5 contracts
Samples: Agreement and Declaration of Trust (Dividend & Income Fund), Agreement and Declaration of Trust (DCA Total Return Fund), Agreement and Declaration (Dividend Capital Realty Income Allocation Fund)
