A Delaware Trust Agreement is a legally binding agreement between Dean Witter Reynolds, Inc. (hereinafter referred to as "DRI") and The Bank of New York (hereinafter referred to as "BNY"), specifically related to Select Equity Trust (SET). This agreement outlines the terms and conditions under which the trust will be administered, providing guidance for the management and distribution of assets and investments held within SET. The Delaware Trust Agreement serves as the governing document that establishes the fiduciary relationship between DRI, acting as the granter or settler of the trust, and BNY, serving as the trustee. It outlines the roles, responsibilities, and duties of each party involved. This agreement is designed to safeguard the interests of the beneficiaries of SET, ensuring that all actions taken by the trustee are executed in accordance with the trust's objectives, guidelines, and applicable legal and regulatory requirements. It outlines the investment strategies, risk management principles, and reporting requirements to maintain transparency and accountability. Furthermore, the Delaware Trust Agreement defines the powers and limitations of the trustee, granting them the authority to manage and make decisions regarding the trust's assets, such as buying or selling securities, reinvesting income, or exercising voting rights on behalf of the beneficiaries. While the primary focus of this description is the Delaware Trust Agreement between DRI and BNY concerning SET, it's worth mentioning that there may be other types of trust agreements that exist between these entities. However, specific details about these additional agreements are not provided in the prompt.
Delaware Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust
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How to fill out Delaware Trust Agreement Reference Trust Agreement Between Dean Witter Reynolds, Inc. And The Bank Of New York Regarding Select Equity Trust?
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