Trust Indenture and Agreement between John Nuveen and Company, Inc. and The Chase Manhattan Bank regarding terms and conditions of trust for Nuveen Tax Free Unit Trust, Series 1140 dated January 4, 2000. 5 pages.
A Wyoming Trust Indenture and Agreement is a legally binding contract between John Naveen and Co., Inc. and Chase Manhattan Bank that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140 in the state of Wyoming. This agreement serves as a framework for how the trust is managed and administered. The Wyoming Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 is specifically designed to ensure compliance with Wyoming state laws and regulations. It covers various aspects of the trust, including investment strategies, distribution policies, and reporting requirements. The agreement outlines the responsibilities of both parties involved. John Naveen and Co., Inc. serves as the trust's sponsor and is responsible for overseeing the investment portfolio and managing the trust's assets. Chase Manhattan Bank, as the trustee, acts as a fiduciary and is responsible for executing investment decisions, distributing income, and providing trustee services. The terms and conditions outlined in the Wyoming Trust Indenture and Agreement include the investment objectives and guidelines for the trust, specifying the types of securities that may be held, risk management strategies, and any restrictions on investments. It also details the procedures for purchasing and redeeming trust units, as well as the pricing mechanisms for these transactions. Additionally, the agreement outlines the distribution policies for the trust's income and principal, including any tax advantages or exemptions that may apply to the investors. It also specifies the reporting and disclosure requirements, including the frequency and content of financial statements and tax-related information provided to the investors. The Wyoming Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140 is a crucial document in ensuring transparency and accountability in the management of the trust. It acts as a guide for investors, providing them with information about the trust's objectives, strategies, and potential risks. By adhering to the terms and conditions outlined in the agreement, John Naveen and Co., Inc. and Chase Manhattan Bank aim to preserve and grow the assets of the trust while fulfilling their fiduciary duties. This particular agreement refers specifically to the Naveen Tax Free Unit Trust, Series 1140. While it is possible that there may be other Wyoming Trust Indenture and Agreement contracts between John Naveen and Co., Inc. and Chase Manhattan Bank for different series or types of tax-free unit trusts, the precise details of those agreements would need to be separately specified.
A Wyoming Trust Indenture and Agreement is a legally binding contract between John Naveen and Co., Inc. and Chase Manhattan Bank that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140 in the state of Wyoming. This agreement serves as a framework for how the trust is managed and administered. The Wyoming Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 is specifically designed to ensure compliance with Wyoming state laws and regulations. It covers various aspects of the trust, including investment strategies, distribution policies, and reporting requirements. The agreement outlines the responsibilities of both parties involved. John Naveen and Co., Inc. serves as the trust's sponsor and is responsible for overseeing the investment portfolio and managing the trust's assets. Chase Manhattan Bank, as the trustee, acts as a fiduciary and is responsible for executing investment decisions, distributing income, and providing trustee services. The terms and conditions outlined in the Wyoming Trust Indenture and Agreement include the investment objectives and guidelines for the trust, specifying the types of securities that may be held, risk management strategies, and any restrictions on investments. It also details the procedures for purchasing and redeeming trust units, as well as the pricing mechanisms for these transactions. Additionally, the agreement outlines the distribution policies for the trust's income and principal, including any tax advantages or exemptions that may apply to the investors. It also specifies the reporting and disclosure requirements, including the frequency and content of financial statements and tax-related information provided to the investors. The Wyoming Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140 is a crucial document in ensuring transparency and accountability in the management of the trust. It acts as a guide for investors, providing them with information about the trust's objectives, strategies, and potential risks. By adhering to the terms and conditions outlined in the agreement, John Naveen and Co., Inc. and Chase Manhattan Bank aim to preserve and grow the assets of the trust while fulfilling their fiduciary duties. This particular agreement refers specifically to the Naveen Tax Free Unit Trust, Series 1140. While it is possible that there may be other Wyoming Trust Indenture and Agreement contracts between John Naveen and Co., Inc. and Chase Manhattan Bank for different series or types of tax-free unit trusts, the precise details of those agreements would need to be separately specified.