Common use of Power of Trustee Clause in Contracts

Power of Trustee. The Trustee shall have the power to do all acts, institute all proceedings and exercise all rights, power and privileges that an absolute owner of the Trust would have, subject to the rules and regulations of the Arkansas Department of Human Services as they now exist or may later be amended, as pertain to an Income Trust pursuant to 42 U.S.C. 1396p.

Appears in 3 contracts

Samples: Trust Agreement, Trust Agreement, Irrevocable Income Trust Agreement

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Power of Trustee. The Trustee shall have the power to do all acts, institute all proceedings and exercise all rights, power and privileges that an absolute owner of the Trust would have, subject to the rules and regulations of the Arkansas Department of Human Services as they now exist or may later be amended, as pertain to an Income Trust pursuant to 42 U.S.C. 1396p.

Appears in 1 contract

Samples: Trust Agreement

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