Distribution Agreement between Active Assets Premier Money Trust and Morgan Stanley Dean Witter Advisors, Inc. regarding the continuous offering of the Trust's transferable shares of beneficial interest (without par value) in order to promote the growth
A North Carolina Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of a trust's transferable shares of beneficial interest. This agreement serves as a framework for the distribution of these shares to potential investors and includes important provisions regarding the marketing, sale, and transfer of the shares. It is designed to ensure compliance with state laws and regulations while facilitating the ongoing offering of the trust's shares. Keywords: North Carolina, Distribution Agreement, continuous offering, trust, transferable shares, beneficial interest, legal document, terms and conditions, marketing, sale, transfer, compliance, state laws, regulations. In North Carolina, there are several types of Distribution Agreements regarding the continuous offering of a trust's transferable shares of beneficial interest. These may include: 1. Traditional Distribution Agreement: This type of agreement is typically used for trusts that have traditional offerings and follow a standard process for offering and distributing their transferable shares. It includes provisions for marketing and selling the shares, as well as procedures for transferring shares between investors. 2. Private Placement Distribution Agreement: In certain cases, trusts may opt for a private placement offering, which is a non-public offering of transferable shares to a limited number of qualified investors. This type of Distribution Agreement caters to the unique requirements and regulations surrounding private placement offerings. 3. Registered Public Offering Distribution Agreement: In contrast to private placements, trusts may choose to conduct a registered public offering, which involves offering and selling transferable shares to the public through a registered securities exchange. This type of Distribution Agreement addresses the specific legal and regulatory aspects associated with public offerings. 4. Crowdfunding Distribution Agreement: With the advent of crowdfunding platforms, some trusts may utilize this method for offering and distributing their transferable shares. A Crowdfunding Distribution Agreement outlines the terms and conditions for such offerings, including compliance with crowdfunding regulations and guidelines. 5. Secondary Market Distribution Agreement: In cases where a trust's transferable shares are traded in secondary markets, a Secondary Market Distribution Agreement may be applicable. This agreement sets out provisions for the ongoing marketing, sale, and transfer of shares in these secondary markets. It is important for trusts and potential investors to understand the specific type of Distribution Agreement being used, as each type has its own set of rules and requirements. These agreements are crucial for ensuring transparency, compliance, and investor protection throughout the continuous offering of a trust's transferable shares of beneficial interest in North Carolina.
A North Carolina Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of a trust's transferable shares of beneficial interest. This agreement serves as a framework for the distribution of these shares to potential investors and includes important provisions regarding the marketing, sale, and transfer of the shares. It is designed to ensure compliance with state laws and regulations while facilitating the ongoing offering of the trust's shares. Keywords: North Carolina, Distribution Agreement, continuous offering, trust, transferable shares, beneficial interest, legal document, terms and conditions, marketing, sale, transfer, compliance, state laws, regulations. In North Carolina, there are several types of Distribution Agreements regarding the continuous offering of a trust's transferable shares of beneficial interest. These may include: 1. Traditional Distribution Agreement: This type of agreement is typically used for trusts that have traditional offerings and follow a standard process for offering and distributing their transferable shares. It includes provisions for marketing and selling the shares, as well as procedures for transferring shares between investors. 2. Private Placement Distribution Agreement: In certain cases, trusts may opt for a private placement offering, which is a non-public offering of transferable shares to a limited number of qualified investors. This type of Distribution Agreement caters to the unique requirements and regulations surrounding private placement offerings. 3. Registered Public Offering Distribution Agreement: In contrast to private placements, trusts may choose to conduct a registered public offering, which involves offering and selling transferable shares to the public through a registered securities exchange. This type of Distribution Agreement addresses the specific legal and regulatory aspects associated with public offerings. 4. Crowdfunding Distribution Agreement: With the advent of crowdfunding platforms, some trusts may utilize this method for offering and distributing their transferable shares. A Crowdfunding Distribution Agreement outlines the terms and conditions for such offerings, including compliance with crowdfunding regulations and guidelines. 5. Secondary Market Distribution Agreement: In cases where a trust's transferable shares are traded in secondary markets, a Secondary Market Distribution Agreement may be applicable. This agreement sets out provisions for the ongoing marketing, sale, and transfer of shares in these secondary markets. It is important for trusts and potential investors to understand the specific type of Distribution Agreement being used, as each type has its own set of rules and requirements. These agreements are crucial for ensuring transparency, compliance, and investor protection throughout the continuous offering of a trust's transferable shares of beneficial interest in North Carolina.