Franklin Ohio Reference Trust Agreement is a legal document that establishes a fiduciary relationship between Prudential Securities Incorporated and The Chase Manhattan Bank. This agreement outlines the terms and conditions under which The Chase Manhattan Bank acts as the trustee for the Franklin Ohio reference trust, managing and investing its assets on behalf of Prudential Securities Incorporated. The purpose of the Franklin Ohio Reference Trust Agreement is to provide a mechanism for managing the assets in accordance with the investment objectives and guidelines set forth by Prudential Securities Incorporated. Through this agreement, Prudential Securities Incorporated entrusts The Chase Manhattan Bank with the responsibility of safeguarding the trust assets and making informed investment decisions to achieve the desired financial outcomes. The agreement outlines the roles and responsibilities of both parties involved. Prudential Securities Incorporated is the granter of the trust and provides specific instructions and investment guidelines to The Chase Manhattan Bank. The Chase Manhattan Bank, as the trustee, agrees to act in good faith and prudently manage the trust assets in accordance with those instructions, while also complying with applicable laws and regulations. The Franklin Ohio Reference Trust Agreement may also include provisions related to record-keeping, reporting, and fees associated with the trust management services provided by The Chase Manhattan Bank. These provisions aim to ensure transparency and establish a clear framework for the ongoing communication between the parties and the monitoring of the trust's performance. It is important to note that the specific type or variations of the Franklin Ohio Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank may vary depending on the unique circumstances and requirements of each trust. Different types of agreements may exist, such as those specifying different investment strategies, timeframes, or restrictions on certain types of assets. In conclusion, the Franklin Ohio Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legally binding document that governs the trustee-beneficiary relationship for a specific trust. It outlines the roles and responsibilities of the trustee and granter, as well as the investment objectives and guidelines for managing the trust assets.
Franklin Ohio Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank
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How to fill out Franklin Ohio Reference Trust Agreement Between Prudential Securities Incorporated And The Chase Manhattan Bank?
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