Limitations on Transfer of Interests of Beneficiaries. (a) THE BENEFICIAL INTEREST OF A BENEFICIARY MAY NOT BE TRANSFERRED; PROVIDED THAT THE BENEFICIAL INTERESTS SHALL BE ASSIGNABLE OR TRANSFERABLE BY WILL, INTESTATE SUCCESSION, OR OPERATION OF LAW.
Appears in 3 contracts
Samples: Liquidating Trust Agreement (Winthrop Realty Trust), Liquidating Trust Agreement (Trimaine Holdings Inc), Agreement and Declaration of Trust (T Reit Liquidating Trust)
Limitations on Transfer of Interests of Beneficiaries. (a) THE BENEFICIAL INTEREST OF A BENEFICIARY MAY NOT BE TRANSFERRED; PROVIDED THAT THE BENEFICIAL INTERESTS SHALL BE ASSIGNABLE OR TRANSFERABLE BY WILL, INTESTATE SUCCESSION, SUCCESSION OR OPERATION OF LAW.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (G REIT Liquidating Trust), Trust Agreement (Fab Industries Inc)
