Illinois 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 Illinois Distribution Agreement is a legal document that governs the continuous offering of a Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions under which the distribution of these shares can occur in the state of Illinois. It ensures compliance with relevant state laws and regulations to protect the interests of all parties involved. Key aspects covered in an Illinois Distribution Agreement include: 1. Parties involved: The agreement identifies the parties involved in the distribution, including the Trust itself and any other entities or individuals participating in the offering. This may include broker-dealers, investment advisers, and other intermediaries. 2. Offering terms: The agreement specifies the terms of the offering, such as the initial price per share, any minimum investment requirements, and any conditions that potential shareholders must fulfill to participate in the offering. 3. Registration and compliance: The agreement addresses the registration process for the transferable shares, ensuring compliance with Illinois securities laws, such as filing necessary paperwork with the state's regulatory authorities. It also ensures that all disclosures, including the risk factors associated with the shares, are provided to potential investors. 4. Distribution channels: The agreement outlines the authorized distribution channels through which the transferable shares can be offered to potential investors. It may include provisions for sales through registered broker-dealers, investment advisers, or other authorized intermediaries. 5. Termination or amendment: The agreement may provide provisions for termination or amendment, allowing the Trust to make changes to the offering terms and conditions or cease the distribution altogether under certain circumstances. Different types of Illinois Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest may include: 1. Private Placement Distribution Agreement: This type of agreement is used when the Trust intends to offer its transferable shares to a specific group of qualified investors. It exempts the offering from certain registration requirements under federal and state securities laws. 2. Public Offering Distribution Agreement: In the case of a public offering, this agreement is utilized to establish the terms and conditions of the distribution of the transferable shares to the public. It ensures compliance with all relevant securities laws and regulations. 3. Retail Distribution Agreement: This agreement is specifically tailored for distributing transferable shares to retail investors, generally offered through brokerage firms or other intermediaries. It may include specific provisions related to marketing and sales efforts targeted towards individual investors. In summary, the Illinois Distribution Agreement plays a crucial role in regulating the continuous offering of a Trust's transferable shares of beneficial interest. It ensures compliance with Illinois securities laws and protects the interests of both the Trust and potential investors.

Illinois Distribution Agreement is a legal document that governs the continuous offering of a Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions under which the distribution of these shares can occur in the state of Illinois. It ensures compliance with relevant state laws and regulations to protect the interests of all parties involved. Key aspects covered in an Illinois Distribution Agreement include: 1. Parties involved: The agreement identifies the parties involved in the distribution, including the Trust itself and any other entities or individuals participating in the offering. This may include broker-dealers, investment advisers, and other intermediaries. 2. Offering terms: The agreement specifies the terms of the offering, such as the initial price per share, any minimum investment requirements, and any conditions that potential shareholders must fulfill to participate in the offering. 3. Registration and compliance: The agreement addresses the registration process for the transferable shares, ensuring compliance with Illinois securities laws, such as filing necessary paperwork with the state's regulatory authorities. It also ensures that all disclosures, including the risk factors associated with the shares, are provided to potential investors. 4. Distribution channels: The agreement outlines the authorized distribution channels through which the transferable shares can be offered to potential investors. It may include provisions for sales through registered broker-dealers, investment advisers, or other authorized intermediaries. 5. Termination or amendment: The agreement may provide provisions for termination or amendment, allowing the Trust to make changes to the offering terms and conditions or cease the distribution altogether under certain circumstances. Different types of Illinois Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest may include: 1. Private Placement Distribution Agreement: This type of agreement is used when the Trust intends to offer its transferable shares to a specific group of qualified investors. It exempts the offering from certain registration requirements under federal and state securities laws. 2. Public Offering Distribution Agreement: In the case of a public offering, this agreement is utilized to establish the terms and conditions of the distribution of the transferable shares to the public. It ensures compliance with all relevant securities laws and regulations. 3. Retail Distribution Agreement: This agreement is specifically tailored for distributing transferable shares to retail investors, generally offered through brokerage firms or other intermediaries. It may include specific provisions related to marketing and sales efforts targeted towards individual investors. In summary, the Illinois Distribution Agreement plays a crucial role in regulating the continuous offering of a Trust's transferable shares of beneficial interest. It ensures compliance with Illinois securities laws and protects the interests of both the Trust and potential investors.