WWW. ³Statutory Trust ´A trust fund established by state law to receive funds DOORFDWHG WR D 6HWWOLQJ 6WDWH¶V $EDWHPHQW $FF XVLQJ IXQGV IURP VXFK 6HWWOLQJ 6WDWH¶V $EDWHP to reasonable administrative expenses. A State may give a Statutory Trust authority to allocate RQH RU PRUH RI WKH WKUHH W\SHV RI IXQ is not required.
Appears in 8 contracts
Samples: Distributor Settlement Agreement, Distributor Settlement Agreement, Distributor Settlement Agreement
