Statutory Trust Act definition

Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code § 3801 et seq., as the same may be amended from time to time.
Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as it may be amended from time to time, or any successor legislation.
Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. § 3801, et seq., as such act may be amended from time to time.

Examples of Statutory Trust Act in a sentence

  • The Trustee shall have power and authority, and is hereby authorized and empowered, at the written direction of Administrator or as required under the Statutory Trust Act, to execute and file with the Secretary of State any certificate required or permitted under the Statutory Trust Act to be filed with the Secretary of State.

  • It is the intention of the parties hereto that the Trust constitute a statutory trust under the Statutory Trust Act and that this Agreement constitute the governing instrument of such statutory trust.

  • Notwithstanding anything herein to the contrary, the duties of the Delaware Trustee shall be limited to: (i) accepting legal process served on the Trust in the State of Delaware; (ii) executing of any certificates required to be filed with the Delaware Secretary of State which the Delaware Trustee is required to execute under Section 3811 of the Statutory Trust Act; and (iii) any other duties specifically allocated to the Delaware Trustee in the Trust Agreement.

  • The Delaware Trustee shall at all times be a Person which, in the case of a natural person, is a resident of the State of Delaware or, in all other cases, has its principal place of business in the State of Delaware satisfying the provisions of Section 3807(a) of the Statutory Trust Act, authorized to exercise its applicable powers.

  • The Trustee shall have all the rights, powers and duties of the Trustee set forth in this Agreement and in the Statutory Trust Act.


More Definitions of Statutory Trust Act

Statutory Trust Act means Chapter 615 of Title 34 of the Connecticut General Statutes, Sections 500, et seq. as may be amended from time to time.
Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. Code Section 3801 et seq., as the same may be amended from time to time.
Statutory Trust Act means Chapter 615 of Title 34 of the Connecticut General Statutes, 34 C.G.S. § 500 et seq., as it may be amended from time to time, or any successor legislation.
Statutory Trust Act has the meaning specified in the recitals to this Trust Agreement.
Statutory Trust Act means Chapter 38 of Title 12 of the Delaware Code, 12 Del. C. ss.ss. 3801, et seq. as may be amended from time to time.
Statutory Trust Act has the meaning given to such term in Recital C.
Statutory Trust Act means the Delaware Statutory Trust Act, 12 Del. C. § 3801 et seq., as amended from time to time.