Common use of Trustee Powers Clause in Contracts

Trustee Powers. The Trustee, in addition to other powers and authority granted by law or necessary or appropriate for proper administration of the Trust, shall have the following rights, powers, and authority without order of court and without notice to anyone:

Appears in 2 contracts

Samples: Living Trust Agreement, Living Trust Agreement

AutoNDA by SimpleDocs

Trustee Powers. The Trustee, in is addition to other powers and authority granted by the law or necessary or appropriate for proper administration of the Trust, shall have the following rights, powers, and authority without order of court and without notice to anyone:.

Appears in 2 contracts

Samples: Joint Living Trust Agreement, Joint Living Trust Agreement

Trustee Powers. The Trustee, in addition to other powers and authority granted by law or necessary or appropriate for proper administration of the Trust, shall have the following rights, powers, and authority without order of court and without notice to anyone: A. Receive Assets. To receive, hold, maintain, administer, collect, invest ant re-invest the trust assets, and collect and apply the income, profits, and principal of the Trust in accordance with the terms of this instrument.

Appears in 2 contracts

Samples: Living Trust Agreement, Living Trust Agreement

AutoNDA by SimpleDocs

Trustee Powers. The Trustee, in addition to other powers and authority granted by law or necessary or appropriate for proper administration of the Trust, shall have the following rights, powers, and authority without order of court and without notice to anyone:

Appears in 2 contracts

Samples: Living Trust Agreement, Declaration of Trust

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!