Iowa Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9319
• Format: Word; Rich Text

Description

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 The Iowa Distribution Agreement is a legal document that governs the continuous offering of transferable shares of beneficial interest for a trust. This agreement outlines the terms and conditions under which the trust can offer and distribute its shares to interested investors. It serves as a regulatory framework to ensure transparency, fairness, and compliance in the distribution process. Key elements covered in an Iowa Distribution Agreement include the method of offering, pricing, allocation, redemption, and Dividend Reinvestment Plan (DRIP) options for the trust's shares. The agreement establishes guidelines for the trust in determining the share price, such as using a net asset value (NAV) calculation or a fixed pricing model. It also defines the minimum and maximum number of shares that can be offered and the allocation process for distributing shares among investors. The Iowa Distribution Agreement may include provisions related to the redemption of shares, specifying the redemption price and any associated fees. It outlines the procedures that shareholders need to follow to redeem their shares, ensuring a smooth and efficient process for both the trust and investors. In addition, the agreement can cover the trust's DRIP, which allows shareholders to reinvest their dividends into additional shares of the trust. It explains how the DRIP operates, including the availability, pricing, and timing of reinvestment, giving shareholders the opportunity to compound their investment returns. Different types of Iowa Distribution Agreements regarding the continuous offering of the Trust's transferable shares of beneficial interest may vary based on the specific trust involved. However, they generally serve the same purpose of regulating the offering process. Some variations may include agreements specific to different classes of shares within the trust, considering variations in pricing, allocation, or redemption options for each class. Overall, the Iowa Distribution Agreement plays a crucial role in providing a clear framework for the continuous offering of transferable shares of beneficial interest in the trust, ensuring transparency, compliance, and equal treatment of investors.

The Iowa Distribution Agreement is a legal document that governs the continuous offering of transferable shares of beneficial interest for a trust. This agreement outlines the terms and conditions under which the trust can offer and distribute its shares to interested investors. It serves as a regulatory framework to ensure transparency, fairness, and compliance in the distribution process. Key elements covered in an Iowa Distribution Agreement include the method of offering, pricing, allocation, redemption, and Dividend Reinvestment Plan (DRIP) options for the trust's shares. The agreement establishes guidelines for the trust in determining the share price, such as using a net asset value (NAV) calculation or a fixed pricing model. It also defines the minimum and maximum number of shares that can be offered and the allocation process for distributing shares among investors. The Iowa Distribution Agreement may include provisions related to the redemption of shares, specifying the redemption price and any associated fees. It outlines the procedures that shareholders need to follow to redeem their shares, ensuring a smooth and efficient process for both the trust and investors. In addition, the agreement can cover the trust's DRIP, which allows shareholders to reinvest their dividends into additional shares of the trust. It explains how the DRIP operates, including the availability, pricing, and timing of reinvestment, giving shareholders the opportunity to compound their investment returns. Different types of Iowa Distribution Agreements regarding the continuous offering of the Trust's transferable shares of beneficial interest may vary based on the specific trust involved. However, they generally serve the same purpose of regulating the offering process. Some variations may include agreements specific to different classes of shares within the trust, considering variations in pricing, allocation, or redemption options for each class. Overall, the Iowa Distribution Agreement plays a crucial role in providing a clear framework for the continuous offering of transferable shares of beneficial interest in the trust, ensuring transparency, compliance, and equal treatment of investors.