Puerto Rico Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legal contract established between these two financial institutions. This agreement serves as a reference for the handling and management of financial assets related to investments in Puerto Rico. It outlines the terms, conditions, and obligations that both Prudential Securities Incorporated and The Chase Manhattan Bank must adhere to when dealing with these assets. The Puerto Rico Reference Trust Agreement ensures transparency, accountability, and a standardized approach in the handling of funds invested in the Puerto Rican market. It is aimed at protecting the interests of investors and maintaining the integrity of the financial system. Key provisions within the agreement may include the establishment of guidelines for the selection, purchase, and redemption of securities, as well as the procedures for ensuring compliance with local regulations and laws in Puerto Rico. The agreement may also outline the roles and responsibilities of each party, including any reporting or documentation requirements. There are different types of Puerto Rico Reference Trust Agreements that can be established between Prudential Securities Incorporated and The Chase Manhattan Bank based on the specific investment strategies or objectives. Some of these types may include: 1. Puerto Rico Bond Reference Trust Agreement: This type of agreement focuses on investments in Puerto Rico government bonds or other fixed-income securities issued by government entities in Puerto Rico. 2. Puerto Rico Mutual Fund Reference Trust Agreement: This variant pertains to investments in Puerto Rico-based mutual funds. It may outline the guidelines for selecting and managing investments within these funds and overseeing fund performance. 3. Puerto Rico Real Estate Investment Trust (REIT) Reference Trust Agreement: This agreement type is specific to investments in Puerto Rico's real estate market, such as commercial properties, residential developments, or tourism-related projects. 4. Puerto Rico Infrastructure Reference Trust Agreement: This type of agreement concentrates on investments in Puerto Rico's infrastructure projects, including transportation, utilities, or public-private partnership initiatives. Each of these types of Puerto Rico Reference Trust Agreements may have unique terms and conditions tailored to the specific nature of the investments involved. It is essential for investors and both Prudential Securities Incorporated and The Chase Manhattan Bank to thoroughly understand and comply with the provisions of their respective agreements to ensure the successful management of assets in Puerto Rico.