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

State:
Multi-State
Control #:
US-EG-9319
Format:
Word; 
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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

Idaho Distribution Agreement, also known as the "Continuous Offering of Transferable Shares of Beneficial Interest Agreement," is a legal document that outlines the terms and conditions under which a trust continuous offering of transferable shares takes place in the state of Idaho. This agreement is essential for the trust's operation as it sets forth the guidelines for the sale and distribution of its transferable shares to potential investors. The Idaho Distribution Agreement serves as a comprehensive guide for the trust, detailing the procedures, responsibilities, and obligations of the trust and the distributor. It includes crucial aspects such as the registration of the trust and any necessary disclosures required by the Idaho state laws. Some relevant keywords associated with the Idaho Distribution Agreement are: 1. Trust: Refers to the entity responsible for managing the transferable shares and ensuring compliance with relevant laws and regulations. 2. Transferable Shares: Denotes the shares of beneficial interest that can be bought or sold by investors. 3. Continuous Offering: Indicates that the trust allows for an ongoing process of offering its transferable shares for sale to investors. 4. Beneficial Interest: Represents the legal ownership right held by the shareholders in the trust. Types of Idaho Distribution Agreement relating to the continuous offering of the Trust's transferable shares of beneficial interest: 1. Standard Distribution Agreement: This type of agreement covers the typical terms and conditions under which the trust continuously offers its transferable shares to investors. It includes provisions for registration, disclosure requirements, selling procedures, and compensation for the distributor. 2. Limited Offering Distribution Agreement: Sometimes, the trust may choose to limit the offering of its transferable shares to specific investors or groups. This agreement outlines the terms for such limited offerings, including the eligibility criteria for participating investors and any additional documentation or disclosures required. 3. Customized Distribution Agreement: In certain cases, a trust may require a customized distribution agreement tailored to its specific needs. This agreement may include unique provisions, such as exclusivity arrangements, specific marketing strategies, or specialized compensation structures for the distributor. The Idaho Distribution Agreement plays a vital role in ensuring compliance with state laws and safeguarding the interests of both the trust and its investors. It provides clarity and transparency to potential investors regarding the continuous offering of the trust's transferable shares of beneficial interest, allowing for a structured and legally compliant investment process.

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