Indiana Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This trust agreement is specific to certain investments managed by Naveen and serves as a framework for how the investment funds are held, managed, and distributed. The key purpose of the Indiana Trust Indenture and Agreement is to establish a fiduciary relationship between John Naveen and Co., Inc. as the issuer of the trust and the Chase Manhattan Bank as the trustee. The trustee is responsible for administering the trust in accordance with the terms specified in the agreement, while the issuer retains the rights to dictate the investment objectives, guidelines, and limitations of the trust. Some important aspects covered in this trust agreement include the following: 1. Parties Involved: The agreement clearly identifies John Naveen and Co., Inc. as the issuer and Chase Manhattan Bank as the trustee, establishing their respective roles, responsibilities, and authorities. 2. Trust Objectives: The trust agreement outlines the specific investment objectives of the Naveen Tax Free Unit Trust, Series 1140. These objectives may include generating tax-free income, preserving capital, or seeking capital appreciation. 3. Investment Guidelines: The agreement defines the investment strategies and guidelines that the trustee must follow while managing the trust's assets. This includes restrictions on certain types of investments or sectors. 4. Trustee's Duties: The trustee is responsible for overseeing the day-to-day operations of the trust, executing investment decisions, collecting income, and ensuring compliance with applicable laws and regulations. 5. Issuer's Rights and Limitations: The agreement specifies the issuer's rights to amend investment objectives, terminate the trust, or remove the trustee. It also outlines any limitations imposed on the issuer's actions. 6. Distribution and Reporting: The agreement outlines the process for distributing income or proceeds from the trust's investments and requires the trustee to provide periodic reports to the issuer and beneficiaries. It's important to note that the above information is based on a generic understanding of trust agreements and may not cover all the specific details found within the Indiana Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for the Naveen Tax Free Unit Trust, Series 1140. Different types of Indiana Trust Indenture and Agreements may exist for other series or types of trusts managed by John Naveen and Co., Inc. in collaboration with Chase Manhattan Bank. However, specific names or details for these alternative trust agreements were not provided in the original request.