Limitation of Liability of Trustees and Shareholders. A copy of the organizational documents each of the Funds is on file with the Secretary of State of the state of such Funds’ organization, and it is hereby agreed that this Agreement is executed on behalf of the Trustees of the Funds as Trustees and not individually and that the obligations of this Agreement are not binding upon any of the Trustees, officers and shareholders of the Funds individually but are binding only upon the assets and property of the Funds.
Appears in 13 contracts
Samples: Allocation Agreement (Members Mutual Funds), Allocation Agreement (Parnassus Income Funds), Allocation Agreement (Madison Mosaic Tax-Free Trust)
