State Transaction Clause Samples
A State Transaction clause defines the terms and conditions under which a transaction involving a state or government entity is conducted. It typically outlines the specific requirements, procedures, and compliance obligations that must be met when entering into agreements with state agencies, such as procurement rules, disclosure requirements, or adherence to state laws. This clause ensures that both parties understand and follow the unique legal and procedural frameworks governing state-related transactions, thereby reducing the risk of non-compliance and facilitating smoother contractual relationships with government bodies.
State Transaction. (“Blue Sky”) Reporting. If applicable, the Trust shall be solely responsible for its “blue sky” compliance and state registration requirements.
State Transaction. (“Blue Sky”)
State Transaction. (“Blue Sky”) Reporting. If applicable, the Corporation shall be solely responsible for its “blue sky” compliance and state registration requirements
State Transaction. (“Blue Sky”) Reporting. If applicable, the Sponsor shall be solely responsible for Trust’s “blue sky” compliance and state registration requirements.