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EXHIBIT 1(c)
SECOND AMENDMENT
TO
AGREEMENT AND DECLARATION OF TRUST
OF
AIM INVESTMENT SECURITIES FUNDS
THIS SECOND AMENDMENT TO AGREEMENT AND DECLARATION OF TRUST (the
"Amendment") OF AIM INVESTMENT SECURITIES FUNDS (the "Trust") is entered into
the 18th day of November, 1994, among Xxxxxxx X. Xxxxx, Xxxxx X. Xxxxxxxx, Xxxx
Xxxx XX, Xxxx Xxxxxxxxxx, Xxxx X. Xxxxxxx, Xxxxx X. Xxxxxxx, Xxx X. Xxxxxxxx,
Xxxxx X. Xxxxx, as Trustees, and each person who became or becomes a
shareholder in accordance with the terms set forth in that certain Agreement
and Declaration of Trust of AIM Investment Securities Funds entered into as of
May 5, 1993, as amended (the "Agreement").
WHEREAS, at a meeting held on September 10, 1994, the Board of
Trustees of the Trust approved, subject to shareholder approval, an Agreement
and Plan of Reorganization (the "Plan"), pursuant to which all of the assets
and liabilities of AIM Adjustable Rate Government Fund ("ARM"), a Portfolio of
the Trust, would be transferred to AIM Intermediate Government Fund (formerly
AIM Government Securities Fund), a portfolio of AIM Funds Group, a Delaware
business trust (the "Transaction");
WHEREAS, the shareholders of ARM approved the Plan on November 15,
1994, as required pursuant to Section 6.1 of the Agreement, and the
Transaction was consummated;
WHEREAS, as a result of the consummation of the Transaction, ARM had
no remaining assets or liabilities;
WHEREAS, Section 9.7 of the Agreement authorizes the Trustees without
Shareholder vote to amend or otherwise supplement the Agreement by making an
amendment; and
WHEREAS, the Trustees have resolved to amend the Agreement as
hereinafter set forth with an effective date of November 18, 1994.
NOW THEREFORE, the Trustees hereby amend the Agreement as herein set
forth below:
1. Capitalized terms not specifically defined in this Agreement
shall have the meanings ascribed to them in the Agreement.
2. Section 2.3 of the Agreement shall be deleted in its entirety
and the following new Section 2.3 shall be substituted in lieu thereof:
"Section 2.3 Establishment of Portfolios and Classes. The Trust shall
contain one Portfolio, the Limited Maturity Treasury Portfolio. The Limited
Maturity Treasury Portfolio shall contain two initial Classes, the Institutional
Class and the AIM Limited Maturity Treasury Share Class. The Limited Maturity
Treasury Portfolio and its Classes as set forth in this Section 2.3 are
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collectively referred to as the "Initial Portfolio." The establishment and
designation of any other Portfolio or Class thereof, or, subject to Section 6.1
hereof, any change to the Initial Portfolio, shall be effective upon the
adoption by a majority of the then Trustees of a resolution which sets forth
such establishment, designation or change."
3. The amendments in the preceding paragraph 2 of this Amendment
shall be effective as of the 18th day of November, 1994.
4. With the exception of the amendment in the preceding
paragraphs 2 and 3 of this Amendment, the Agreement shall in all other respects
remain in full force and effect.
IN WITNESS WHEREOF, the undersigned, being all of the Trustees of the
Trust, have executed this Second Amendment to Agreement and Declaration of
Trust of AIM Investment Securities Funds the 5th day of December, 1995.
/s/ XXXXXXX X. XXXXX /s/ XXXXX X. XXXXXXXX
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Xxxxxxx X. Xxxxx Xxxxx X. Xxxxxxxx
Trustee Trustee
/s/ XXXX XXXX XX /s/ XXXX XXXXXXXXXX
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Xxxx Xxxx XX Xxxx Xxxxxxxxxx
Trustee Trustee
/s/ XXXX X. XXXXXXX /s/ XXXXX X. XXXXXXX
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Xxxx X. Xxxxxxx Xxxxx X. Xxxxxxx
Trustee Trustee
/s/ XXX X. XXXXXXXX /s/ XXXXX X. XXXXX
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Xxx X. Xxxxxxxx Xxxxx X. Xxxxx
Trustee Trustee
[THIS IS THE SIGNATURE PAGE FOR
THE SECOND AMENDMENT TO AGREEMENT AND DECLARATION OF TRUST
OF AIM INVESTMENT SECURITIES FUNDS]
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