Temporary Absence of Trustee. Subject to any applicable requirements of the 1940 Act, any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided or unless there is only one or two Trustees.
Appears in 15 contracts
Samples: Agreement and Declaration (Lord Abbett Trust I), Declaration of Trust (Gabelli Innovations Trust), And Restated Agreement and Declaration of Trust (Gabelli Nextshares Trust)
Temporary Absence of Trustee. Subject to any applicable requirements of the 1940 Act, any Trustee may, by power of attorney, delegate his his/her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided or unless there is only one or two Trustees.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Pacific Select Fund)
