Common use of Power of Board of Trustees to Make Tax Status Election Clause in Contracts

Power of Board of Trustees to Make Tax Status Election. The Board of Trustees shall have the power, in its discretion, to make such elections as to the tax status of the Trust and any Series as may be permitted or required under the Code, without the vote of any Shareholder.

Appears in 141 contracts

Samples: Agreement and Declaration of Trust (Roundhill ETF Trust), Agreement and Declaration of Trust (Madison ETFs Trust), Agreement and Declaration of Trust (Volatility Shares Trust)

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Power of Board of Trustees to Make Tax Status Election. The Board of Trustees shall have the power, in its discretion, to make such elections as to the tax status of the Trust and any Series as may be permitted or required under the Code, without the vote of any Shareholder.

Appears in 22 contracts

Samples: Agreement and Declaration of Trust (BMO LGM Frontier Markets Equity Fund), Agreement and Declaration of Trust (Franklin LTD Duration Income Trust), Trust Agreement (BMO LGM Frontier Markets Equity Fund)

Power of Board of Trustees to Make Tax Status Election. The Board of Trustees shall have the power, in its discretion, to make such elections as to the tax status of the Trust and any Series as may be permitted or required under the Code, without the vote of any Shareholder.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Nationwide Mutual Funds), Agreement and Declaration of Trust (Nationwide Variable Insurance Trust), Agreement and Declaration of Trust (Nationwide Variable Insurance Trust)

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Power of Board of Trustees to Make Tax Status Election. The Board of Trustees shall have the power, in its discretion, to make any such elections as to the tax status of the Trust and any Series as may be permitted or required under the Code, without the vote or consent of any Shareholder.

Appears in 1 contract

Samples: Trust Agreement (GuideMark Alternative Lending Income Fund)

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