Reliance by FTIS; Instructions. (a) FTIS will be protected in acting upon Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from an officer of the Investment Company. FTIS will also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of the Investment Company and the proper countersignature of FTIS.
Appears in 163 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin Custodian Funds), Transfer Agent and Shareholder Services Agreement (Franklin Strategic Mortgage Portfolio), Transfer Agent and Shareholder Services Agreement (Franklin Managed Trust)
Reliance by FTIS; Instructions. (a) FTIS will be protected in acting upon Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from an officer of the Investment Company. FTIS will also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of the Investment Company and the proper countersignature of FTIS.
Appears in 10 contracts
Samples: Transfer Agent and Shareholder Services Agreement (Franklin Templeton Variable Insurance Products Trust), Transfer Agent and Shareholder Services Agreement (Franklin Fund Allocator Series), Transfer Agent and Shareholder Services Agreement (Franklin Strategic Series)
Reliance by FTIS; Instructions. (a) a. FTIS will be protected in acting upon Written or Oral Instructions reasonably believed to have been executed or orally communicated by an Authorized Person and will not be held to have any notice of any change of authority of any person until receipt of a Written Instruction thereof from an officer of the Investment Company. FTIS will also be protected in processing Share certificates which it reasonably believes to bear the proper manual or facsimile signatures of the officers of the Investment Company and the proper countersignature of FTIS.
Appears in 1 contract
Samples: Transfer Agent and Shareholder Services Agreement (Franklin Gold & Precious Metals Fund)
