Wyoming Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9325
• Format: Word; Rich Text

Description

Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company dated July 1, 1999. 1 page. The Wyoming Second Amendment to Trust Agreement is a legal document that amends the provisions of the original trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This amendment is specific to trusts established in the state of Wyoming and pertains to the Second Amendment of the United States Constitution, which guarantees the right to bear arms. The purpose of the Wyoming Second Amendment to Trust Agreement is to provide a framework for the management and control of firearms and firearm-related assets held in trust. It outlines the rights, responsibilities, and limitations that apply to both the granter (Polaris Industries, Inc.) and the trustee (Fidelity Management Trust Company). Some key provisions that may be included in the Wyoming Second Amendment to Trust Agreement are: 1. Definitions: This section clarifies the terminology used throughout the agreement, such as "firearm," "firearm accessory," "trust property," and "beneficiary." 2. Firearm Ownership and Transfer: The agreement may specify the rights of the granter and beneficiaries to own, possess, and transfer firearms held in trust. It may outline any restrictions imposed by federal or state laws and regulations. 3. Trustee's Duties and Powers: The agreement describes the trustee's responsibilities, including the safekeeping and maintenance of the firearms. It may grant the trustee the power to sell, trade, or otherwise dispose of firearms in accordance with applicable laws and the granter's instructions. 4. Beneficiary Designations: The agreement may allow the granter to designate specific individuals or organizations as beneficiaries who can enjoy the benefits of the trust, such as using the firearms for personal use or self-defense. 5. Reporting and Record keeping: The agreement may require the trustee to maintain accurate records of the trust property, including detailed descriptions of each firearm, serial numbers, and any transfers made. It may also outline reporting requirements to comply with state and federal regulations. It is important to note that the specific terms and provisions of the Wyoming Second Amendment to Trust Agreement can vary depending on the unique circumstances and intentions of the granter. Different types or variations of the agreement may exist, each tailored to meet the specific needs and objectives of Polaris Industries, Inc. and Fidelity Management Trust Company.

The Wyoming Second Amendment to Trust Agreement is a legal document that amends the provisions of the original trust agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This amendment is specific to trusts established in the state of Wyoming and pertains to the Second Amendment of the United States Constitution, which guarantees the right to bear arms. The purpose of the Wyoming Second Amendment to Trust Agreement is to provide a framework for the management and control of firearms and firearm-related assets held in trust. It outlines the rights, responsibilities, and limitations that apply to both the granter (Polaris Industries, Inc.) and the trustee (Fidelity Management Trust Company). Some key provisions that may be included in the Wyoming Second Amendment to Trust Agreement are: 1. Definitions: This section clarifies the terminology used throughout the agreement, such as "firearm," "firearm accessory," "trust property," and "beneficiary." 2. Firearm Ownership and Transfer: The agreement may specify the rights of the granter and beneficiaries to own, possess, and transfer firearms held in trust. It may outline any restrictions imposed by federal or state laws and regulations. 3. Trustee's Duties and Powers: The agreement describes the trustee's responsibilities, including the safekeeping and maintenance of the firearms. It may grant the trustee the power to sell, trade, or otherwise dispose of firearms in accordance with applicable laws and the granter's instructions. 4. Beneficiary Designations: The agreement may allow the granter to designate specific individuals or organizations as beneficiaries who can enjoy the benefits of the trust, such as using the firearms for personal use or self-defense. 5. Reporting and Record keeping: The agreement may require the trustee to maintain accurate records of the trust property, including detailed descriptions of each firearm, serial numbers, and any transfers made. It may also outline reporting requirements to comply with state and federal regulations. It is important to note that the specific terms and provisions of the Wyoming Second Amendment to Trust Agreement can vary depending on the unique circumstances and intentions of the granter. Different types or variations of the agreement may exist, each tailored to meet the specific needs and objectives of Polaris Industries, Inc. and Fidelity Management Trust Company.