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

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• County: Fulton
• 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 Fulton Georgia Second Amendment to Trust Agreement is a legal document that outlines the terms and conditions of an agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement pertains to the management and administration of trust assets and serves to protect the rights of both parties involved. Under this Second Amendment to Trust Agreement, Polaris Industries, Inc. grants Fidelity Management Trust Company the authority to act as the trustee and manage the funds and assets held in trust. The agreement specifies the responsibilities and duties of Fidelity Management Trust Company, including but not limited to investment decisions, distribution of income, and reporting requirements. The Fulton Georgia Second Amendment to Trust Agreement also includes provisions relating to the rights and obligations of Polaris Industries, Inc. as the granter. It establishes the granter's right to make amendments to the trust, as well as their ability to revoke or terminate it under certain circumstances. This type of trust agreement can serve various purposes, depending on the specific needs and objectives of the granter. Some potential variations or types of Fulton Georgia Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company may include: 1. Revocable Trust Agreement: This type of agreement allows the granter to modify or revoke the trust during their lifetime. It provides flexibility and control over the assets held in the trust. 2. Irrevocable Trust Agreement: Unlike the revocable trust agreement, an irrevocable trust cannot be modified or revoked by the granter once it is established. This type of agreement is commonly used for tax planning or asset protection purposes. 3. Charitable Trust Agreement: If the trust is established with the intent to donate assets or income to charitable organizations, it may fall under this category. Specific provisions and restrictions will be outlined in the agreement to ensure compliance with applicable laws and regulations. In conclusion, the Fulton Georgia Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legally binding document that establishes the terms and conditions of the trust relationship. Its purpose is to protect the rights of both parties involved and outline the responsibilities and duties of the trustee. Depending on the specific needs and objectives of the granter, variations or types of this agreement may include revocable, irrevocable, or charitable trust agreements.

The Fulton Georgia Second Amendment to Trust Agreement is a legal document that outlines the terms and conditions of an agreement between Polaris Industries, Inc. and Fidelity Management Trust Company. This agreement pertains to the management and administration of trust assets and serves to protect the rights of both parties involved. Under this Second Amendment to Trust Agreement, Polaris Industries, Inc. grants Fidelity Management Trust Company the authority to act as the trustee and manage the funds and assets held in trust. The agreement specifies the responsibilities and duties of Fidelity Management Trust Company, including but not limited to investment decisions, distribution of income, and reporting requirements. The Fulton Georgia Second Amendment to Trust Agreement also includes provisions relating to the rights and obligations of Polaris Industries, Inc. as the granter. It establishes the granter's right to make amendments to the trust, as well as their ability to revoke or terminate it under certain circumstances. This type of trust agreement can serve various purposes, depending on the specific needs and objectives of the granter. Some potential variations or types of Fulton Georgia Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company may include: 1. Revocable Trust Agreement: This type of agreement allows the granter to modify or revoke the trust during their lifetime. It provides flexibility and control over the assets held in the trust. 2. Irrevocable Trust Agreement: Unlike the revocable trust agreement, an irrevocable trust cannot be modified or revoked by the granter once it is established. This type of agreement is commonly used for tax planning or asset protection purposes. 3. Charitable Trust Agreement: If the trust is established with the intent to donate assets or income to charitable organizations, it may fall under this category. Specific provisions and restrictions will be outlined in the agreement to ensure compliance with applicable laws and regulations. In conclusion, the Fulton Georgia Second Amendment to Trust Agreement between Polaris Industries, Inc. and Fidelity Management Trust Company is a legally binding document that establishes the terms and conditions of the trust relationship. Its purpose is to protect the rights of both parties involved and outline the responsibilities and duties of the trustee. Depending on the specific needs and objectives of the granter, variations or types of this agreement may include revocable, irrevocable, or charitable trust agreements.