Wake North Carolina Trust Agreement Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Wake
• Control #: US-EG-9280
• Format: Word; Rich Text

Description

Reference Trust Agreement between Dean Witter Reynolds, Inc. and The Bank of New York regarding Select Equity Trust - Select Global 30 Portfolio 2000-1 dated January 5, 2000. 6 pages. Wake North Carolina Trust Agreement is a legal document that establishes a reference trust agreement between Dean Witter Reynolds, Inc. (DRI) and The Bank of New York (BNY) for the Select Equity Trust. This agreement outlines the terms and conditions under which the trust is established and managed, benefiting both parties involved. The Wake North Carolina Trust Agreement ensures transparency and accountability in managing the Select Equity Trust. It sets forth the rights, responsibilities, and obligations of DRI and BNY, defining their roles as trustees and custodians, respectively. The agreement helps protect the interests of the beneficiaries and ensures compliance with applicable laws and regulations. Some key features of the Wake North Carolina Trust Agreement include: 1. Purpose: The agreement clearly states the objective of the trust, which is to invest and manage assets within the Select Equity Trust, aiming to maximize returns for the beneficiaries. 2. Trust Assets: It outlines the types of assets that can be included in the trust, such as equities, bonds, mutual funds, and other securities allowed by applicable laws. The agreement also details any restrictions or limitations on the types of assets that can be included. 3. Investment Guidelines: The agreement specifies the investment guidelines to be followed by DRI. It may outline specific investment strategies, risk tolerance levels, and diversification requirements, all designed to achieve the trust's objectives within acceptable risk parameters. 4. Trustee Compensation: The agreement outlines how DRI will be compensated for their services as trustees, including any management or performance-based fees. It may also define the circumstances in which compensation can be adjusted. 5. Reporting and Record keeping: The agreement establishes the frequency and format of reporting to the beneficiaries, ensuring regular updates on the trust's performance and activities. It also outlines record keeping requirements to maintain proper documentation and ensure compliance with legal and regulatory obligations. The Wake North Carolina Trust Agreement between DRI and BNY regarding Select Equity Trust only references this specific trust. It does not indicate the existence of different types of trust agreements between the parties, as it focuses solely on the Select Equity Trust. In conclusion, the detailed Wake North Carolina Trust Agreement between DRI and BNY for the Select Equity Trust ensures effective management, clear responsibilities, and protection of the beneficiaries' interests. This legally binding document outlines the guidelines, objectives, and terms for the successful administration of the trust's assets.

Wake North Carolina Trust Agreement is a legal document that establishes a reference trust agreement between Dean Witter Reynolds, Inc. (DRI) and The Bank of New York (BNY) for the Select Equity Trust. This agreement outlines the terms and conditions under which the trust is established and managed, benefiting both parties involved. The Wake North Carolina Trust Agreement ensures transparency and accountability in managing the Select Equity Trust. It sets forth the rights, responsibilities, and obligations of DRI and BNY, defining their roles as trustees and custodians, respectively. The agreement helps protect the interests of the beneficiaries and ensures compliance with applicable laws and regulations. Some key features of the Wake North Carolina Trust Agreement include: 1. Purpose: The agreement clearly states the objective of the trust, which is to invest and manage assets within the Select Equity Trust, aiming to maximize returns for the beneficiaries. 2. Trust Assets: It outlines the types of assets that can be included in the trust, such as equities, bonds, mutual funds, and other securities allowed by applicable laws. The agreement also details any restrictions or limitations on the types of assets that can be included. 3. Investment Guidelines: The agreement specifies the investment guidelines to be followed by DRI. It may outline specific investment strategies, risk tolerance levels, and diversification requirements, all designed to achieve the trust's objectives within acceptable risk parameters. 4. Trustee Compensation: The agreement outlines how DRI will be compensated for their services as trustees, including any management or performance-based fees. It may also define the circumstances in which compensation can be adjusted. 5. Reporting and Record keeping: The agreement establishes the frequency and format of reporting to the beneficiaries, ensuring regular updates on the trust's performance and activities. It also outlines record keeping requirements to maintain proper documentation and ensure compliance with legal and regulatory obligations. The Wake North Carolina Trust Agreement between DRI and BNY regarding Select Equity Trust only references this specific trust. It does not indicate the existence of different types of trust agreements between the parties, as it focuses solely on the Select Equity Trust. In conclusion, the detailed Wake North Carolina Trust Agreement between DRI and BNY for the Select Equity Trust ensures effective management, clear responsibilities, and protection of the beneficiaries' interests. This legally binding document outlines the guidelines, objectives, and terms for the successful administration of the trust's assets.