Non-Liability of Trustees and Shareholders. A copy of the declaration of trust of the Trust is on file with the Secretary of State of the State of Delaware, and notice is hereby given that this instrument is executed on behalf of the Trust by officers of the Trust as officers and not individually. Any obligation of the Trust hereunder shall be binding only upon the assets of the Trust (or applicable series thereof) and shall not be binding upon any Trustee, officer, employee, agent or shareholder of the Trust. Neither the authorization of any action by the Trustees or shareholders of the Trust nor the execution of this agreement on behalf of the trust shall impose any liability upon any Trustee, officer or shareholder of the Trust.
Appears in 4 contracts
Samples: Investment Management Agreement (Ccma Select Investment Trust), Investment Management Agreement (CCM Advisors Funds), Investment Management Agreement (CCM Advisors Funds)
