Georgia Distribution Agreement is a legal contract that governs the continuous offering of a Trust's transferable shares of beneficial interest. It outlines the terms and conditions under which the distribution will take place, ensuring compliance with relevant laws and regulations. This agreement is crucial for establishing a clear understanding between the Trust and its investors, allowing for a streamlined and transparent distribution process. The Georgia Distribution Agreement encompasses various key elements to ensure a fair and efficient offering of the Trust's transferable shares. It includes provisions regarding the pricing and valuation of shares, the minimum investment requirements, the rights and responsibilities of investors, and the methods of communication and reporting between the Trust and its shareholders. This agreement also outlines the various types of continuous offering options available in Georgia, each designed to meet different investor needs and requirements. These types may include: 1. Open-ended Continuous Offering: This type of agreement allows for the continuous offering of the Trust's transferable shares without any predetermined termination date. Investors can enter or exit the investment at any time, giving them flexibility and liquidity. 2. Closed-ended Continuous Offering: This type of agreement has a specific termination date, usually predetermined. Investors can only enter or exit the investment within specific periods, limiting liquidity to a certain extent. 3. Continuous Offering with Redemption Rights: This agreement provides investors with the right to redeem their shares on specific redemption dates or under certain circumstances specified in the agreement. This option adds a layer of flexibility to the investment, allowing shareholders to exit their positions when desired. 4. Continuous Offering with Dividend Reinvestment Option: In this type of agreement, investors can automatically reinvest their dividend income into additional shares of the Trust. This option allows for compounding returns and can be attractive for long-term investors looking for capital appreciation. It is essential to note that the specific terms and conditions of a Georgia Distribution Agreement can vary depending on the Trust, its objectives, and the preferences of its investors. Investors and Trusts should consult legal professionals to draft an agreement that aligns with their specific needs and complies with Georgia's laws and regulations.