Common use of Securities and Exchange Clause in Contracts

Securities and Exchange. Commission relating to the maintenance of segregated accounts by registered investment companies and (iv) for other proper corporate purposes, but only, in the case of clause (iv), upon receipt of, in addition to Proper Instructions, a certified copy of a resolution of the Board of Directors or of the Executive Committee signed by an officer of the Fund and certified by the Secretary or an Assistant Secretary, setting forth the purpose or purposes of such segregated account and declaring such purposes to be proper corporate purposes.

Appears in 7 contracts

Samples: Exchange Traded Fund Custody Agreement (Nuveen Premium Income Municipal Fund Inc), Exchange Traded Fund Custody Agreement (Nuveen Municipal Market Opportunity Fund Inc), Exchange Traded Fund Custody Agreement (Nuveen Insured Municipal Opportunity Fund Inc)

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