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/StructParents 569 endobj >> endobj WebCode 117.011 (a). /S /JavaScript /BBox [0 0 424.08 18.24] The President of the University, in consultation with the Chair, shall act for the Board of Trustees regarding all legal action necessary or appropriate to protect the interests of the University. /Ff 8388608 endstream /JS (SyncCheckboxes\(event.target\);) 91 0 R 124 0 R 212 0 R 213 0 R 269 0 R 247 0 R 276 0 R 249 0 R 125 0 R 250 0 R /T ( State of_1) /DA (/Helv 10 Tf 0 g) /DA (/Helv 0 Tf 0 g) >> 274 0 obj Delegation of Powers among Trustees Sample Clauses >> /Type /XObject f /Length 12 /Type /Annot /Subtype /Form /MK << endobj /T (Address) /MaxLen 2 /TU (A\) Agreed and Certified to this year of: Enter 4-Digit Year) /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] Q >> /Resources << /Parent 50 0 R >> << >> /Subtype /Widget << q >> >> /Ff 8388608 /DA (/Helv 10 Tf 0 g) /TU (MLPF&S Account #3 \(For Internal Use Only\): Enter the last 5-digits of the 8-digit Merrill Account Number) /Ff 29360128 >> /Subtype /Widget /On 313 0 R /DA (/Helv 10 Tf 0 g) endobj /Font << endobj /N 538 0 R /Rect [480.96 687.12 553.08 704.88] /StructParent 640 (4) Tj >> The authors offer these form provisions merely as fodder for practitioners consideration. /ProcSet [/PDF] /TU (Signature of Trustee #3) /Type /XObject /CM6 << /P 136 0 R stream /LineHeight 15.5 >> 65 0 R 66 0 R 67 0 R 68 0 R 69 0 R 70 0 R 71 0 R 72 0 R 73 0 R 74 0 R >> /ZaDb 8.9925 Tf endobj There are certain conditions set out in s 25 TA 2000: In addition, s1 Trustee Delegation Act 1999 allows an individual trustee who also has a beneficial interest in the land to delegate his trustee powers to the other trustee(s) of the land. /StructParent 726 /Ff 8388608 /GS2 379 0 R endobj << /F 4 << /TU (MLPF&S Account #1 \(For Internal Use Only\): Enter the first 3-digits of the 8-digit Merrill Account Number) /ExtGState << /PDFDocEncoding 162 0 R endobj endobj 12 0 obj /T1_2 384 0 R /Fm1 394 0 R /N << /T (MLPFS Account_2_3) << The form of the power must be as set out in s25 (6) TA 1925 and must be expressed to be made under s25 (5) TA 1925. >> /CM37 << 246 0 obj WebTrustee: A person or institution holding and administering property in trust. /Ff 8388608 /MK << Every officer or committee shall, in the exercise of the power so delegated, comply with any restrictions that may be imposed on them by the member(s). /A 349 0 R /T (Signature of Trustee_2) /StructParent 722 /Subtype /Widget endobj /Type /Annot /FT /Sig /MaxLen 3 /Rect [135.96 383.64 560.04 398.4] >> /Type /Annot >> << 172 0 obj /DA (/Helv 10 Tf 0 g) 114 0 obj The trust is currently \(please check as applicable\): Revocable and amendable) /FT /Tx 14 0 obj /Ff 8388608 EMC >> >> /Parent 7 0 R >> endobj W /TU (B\) Agreed and Certified to this year of: Enter 4-Digit Year) /T ( day of_5) BT /Encoding << /P 137 0 R endstream /Type /Font /ProcSet [/PDF /Text] 119 0 obj Previous Next Report a problem or mistake on this page /Subtype /Widget /ZaDb 8.9925 Tf /Matrix [1 0 0 1 0 0] /FT /Tx /F 4 >> /Length 36 >> /Type /Annot >> 736.0802(5)(e)(2), authorizes any Corporate Trustee to invest in any investment instrument owned or controlled by such Corporate Trustee or its affiliate and to engage any affiliate to render services to such trust, provided such Corporate Trustee, subject to the other provisions of this trust instrument (including Section 15.9 of Article XV hereof relating to waiver of the prudent investor rule), otherwise complies with the provisions of F.S. >> /P 137 0 R /Subtype /Widget /Subtype /Widget >> /ProcSet [/PDF /Text] 290 0 obj << 67 0 R 68 0 R 69 0 R] >> /Font << /Resources << /DA (/Helv 10 Tf 0 g) 146 0 obj << >> stream >> /DA (/Helv 0 Tf 0 g) /FT /Tx ______ _______________________________ Dated Jane Doe, not individually but solely as Co-Trustee, Firm Word - Adds double underline, Delete strikethrough. /F 4 /Subtype /Widget >> 736.04117 to the contrary, a Trustee who is authorized to make distributions to or for the benefit of a beneficiary, shall not exercise the power by appointing all or part of the principal of the trust subject to the power in favor of a Trustee of another trust for the benefit of one (1) or more of the beneficiaries under the same trust instrument or under a different trust instrument. /Length 12 /Rect [68.76 272.88 144.72 287.52] /MaxLen 2 /Rect [167.76 283.68 557.28 299.88] 1 1 10.48 10.72 re 94 0 obj 0 0 Td << /F 4 /T (MLPFS Account_3_5) Q 218 0 R 270 0 R 256 0 R 273 0 R 257 0 R 258 0 R 259 0 R 260 0 R 110 0 R 115 0 R /Font << /A 289 0 R 223 0 obj >> Signature date and notary date must be the same: State of \(Enter State\)) /P 134 0 R /Font << /N 535 0 R /0 [5943.0 0.0 3.0 223.2 362.88 279.08 368.88 1.0 0.0 0.0 >> >> /F 530 0 R endobj ET /FT /Sig >> /StyleSpan /Span /Type /XObject There are also requirements for the trustees to keep the policy statement and compliance with it under review and to monitor the investment managers performance. /Subtype /Type1 /P 135 0 R /StructParent 567 /Type /Encoding << /DA (/Helv 10 Tf 0 g) /FT /Sig /Subtype /Form /Type /Annot /T ( Print Name of Notary Public_2) /MK << /DocumentID /JS (SyncCheckboxes\(event.target\);) endobj /PageUIDList << /Subtype /Widget Privacy notice | Disclaimer | Terms of use. /Length 90 266 0 R 267 0 R 268 0 R 269 0 R 270 0 R 271 0 R 272 0 R 273 0 R 274 0 R 275 0 R f stream >> endobj /Type /Annot endobj >> /Length 88 >> /FormType 1 162 0 obj /StructParent 715 /F 4 >> /StructParent 698 /F 4 /S /JavaScript /Subtype /Widget << /Subtype /Widget /BBox [0 0 424.08 14.64] q The validity of each trust created under this trust instrument shall be determined in accordance with the laws of the State of Florida, as the Settlor is a domiciliary of the State of Florida as of the date this trust is created. >> 0.749023 g /Rect [83.76 616.64 291.72 631.4] /ZaDb 550 0 R >> 46 0 obj /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] /MK << /Resources << /T ( My commission expires_1) 320 0 obj >> /Parent 7 0 R /BBox [0.0 0.0 12.48 12.72] >> /MK << >> /P 137 0 R /MK << /P 134 0 R >> /DA (/Helv 10 Tf 0 g) >> /Type /Annot 1 0 obj endobj WebDelegation of functions by trustee LawServer. /CM13 << >> /DA (/Helv 10 Tf 0 g) /StructParent 646 /Type /XObject << /Annots [15 0 R 16 0 R 278 0 R 279 0 R 280 0 R 17 0 R 281 0 R 282 0 R 283 0 R 18 0 R >> /Length 83 /Subtype /Widget >> Signature Authorization Letter /0 [255.0 0.0 3.0 223.2 362.88 279.08 368.88 1.0 0.0 0.0 /Type /Annot /F 4 /F 4 1.0 4.21616 370.08] /GS1 380 0 R >> /T (Type of identification04) endobj << /MK << 234 0 obj /DA (/Helv 10 Tf 0 g) Delegation /NumberofPages 1 /MK << /Ff 29360128 /N << Delegation of Authority Form - Fill Out and Sign Printable PDF /TU (day of: \(Enter 2-Digit Day\)) >> /Type /Annot << The jurisdiction whose law governs the administration of any trust may be the same as the situs of such trust. /TU (C\) Agreed and Certified to this year of: Enter 4-Digit Year) /Helv 167 0 R /BBox [0.0 0.0 12.48 12.72] /F 4 /D << /Rect [64.92 651.8 388.32 667.28] /MK << /TU (Signature of Trustee #1) 60-175.17. /T (A-2) /Font << /Type /Page /Length 83 /Rect [292.8 381.72 420.72 399.96] endobj /PDFDocEncoding 151 0 R << /S /JavaScript /AA << /P 129 0 R These are the sample trust form provisions referenced in the February 2008 article Drafting Florida Trusts by Powell and Klooster. /FT /Tx >> (vii) Designated Representatives of Discretionary Trusts. /Font << /F 4 >> /T ( day of) /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] /BBox [0.0 0.0 12.48 12.72] >> /Subtype /Widget /Length 83 /AP << /ZaDb 5.6414 Tf Approval and Signature Authority General Delegation for Routine Contracts Contracts for which approval is not limited to the Board of Trustees under Section 4409.3 and that are not /D << /Type /XObject /ProcSet [/PDF /Text] >> 300 0 obj /0 5387 /TU (The foregoing instrument was acknowledged before me, a Notary Public, this: \(Enter Month\)) /Font << /Parent 71 0 R /FT /Tx 238 0 obj /Resources << /Type /Annot 485 0 R 486 0 R 487 0 R 488 0 R 489 0 R 490 0 R 491 0 R 492 0 R 493 0 R 494 0 R /Last 388 0 R /Type /Annot /Subtype /Widget /MK << /T1_4 400 0 R /Ff 8388608 /Type /Annot /Kids [129 0 R 131 0 R 132 0 R 133 0 R 134 0 R 135 0 R 136 0 R 137 0 R 138 0 R] >> 70 0 obj << /MK << >> /MaxLen 2 Time to update your forms. /DA (/Helv 10 Tf 0 g) >> << /0 612.0 /JS (SyncCheckboxes\(event.target\);) /P 136 0 R >> /T ( day of_1) /MediaBox [0.0 0.0 612.0 792.0] q /StructParent 480 /Resources << /P 131 0 R /Length 83 /Subtype /Widget << /StructParent 728 /BBox [0.0 0.0 12.48 12.72] 161 0 obj stream /T ( by_1) Otherwise, trustees are obliged to take advice and then give instructions to a broker for each sale or purchase of an investment. endstream /Encoding 10 0 R 88 0 obj endobj /Type /XObject >> /MK << /Subtype /Widget /DA (/Helv 10 Tf 0 g) /P 135 0 R /P 133 0 R /FT /Sig /Type /Annot /F 4 endobj Authority to Delegate. /Type /Font 354 0 obj /On 347 0 R >> Jane Doe, 123 Elm Street, Chicago, Illinois 60661 [(312) 987-6543], and James Smith, 456 Main Street, Chicago, Illinois 60606 [(312) 123-4567], are currently serving as the sole Co-Trustees of the Delta Trust. >> /AP << /NumberOfPageItemsInPage 2 /ProcSet [/PDF] /AP << /Fm1 390 0 R 257 0 obj 2.4362 3.3161 Td /Parent 70 0 R /Annots [187 0 R 51 0 R 188 0 R 52 0 R 189 0 R 53 0 R 190 0 R 54 0 R 55 0 R 56 0 R >> /FT /Tx >> endobj /Subtype /Widget >> /Tx BMC /Ff 29360128 /DR << /BleedBox [0.0 0.0 612.0 792.0] /Encoding << << << /Helv 152 0 R /Type /XObject /TU (Enter type of identification) /MK << endstream stream /NumberofPages 1 << >> Benefits of effective delegation b. /ZaDb 518 0 R endstream /Subtype /Form /S /JavaScript /MK << /MK << /FormType 1 /Subtype /Widget /P 136 0 R /Helv 152 0 R /Subtype /Widget /DA (/Helv 10 Tf 0 g) 2.4362 3.3161 Td /Font << >> << /Ff 8388608 /P 131 0 R 329 0 obj /Type /Annot endobj (4) Tj /Subtype /Form WebThe trustee shall exercise reasonable care, skill, and caution in: 1. /brokenbar 168 /dieresis /copyright /ordfeminine 172 /logicalnot /.notdef /registered /macron W 177 0 obj /Helv 146 0 R /Length 12 /Ff 8388608 >> n /StructParent 530 << /Resources << /MK << >> stream /DR << /DR << /O /Layout /AA << /T (C) endobj /Kids [171 0 R] >> The functions can only be delegated for a /Subtype /Widget /StructParent 732 endstream endobj /T (H-2) /LineHeight 15.5 /CS0 [/ICCBased 377 0 R] /Bl 300 0 R Q 1 1 7.36 7.48 re /StructParent 705 >> >> /StructParent 456 As used in this subsection, the term affiliate shall have the meaning ascribed to such term in F.S. /N 160 0 R /FT /Tx /MediaBox [0.0 0.0 612.0 792.0] (b) The delegable investment functions under this subsection include: 1. /Type /Annot /Matrix [1.0 0.0 0.0 1.0 0.0 0.0] << /OriginalDocumentID /MaxLen 5 /DA (/Helv 10 Tf 0 g) /Subtype /Widget >> /FormType 1 /StructParent 644 (4) Tj 340 0 obj /AS /Off /Annots [226 0 R 231 0 R 199 0 R 19 0 R 200 0 R 201 0 R 202 0 R 206 0 R 203 0 R 204 0 R endobj >> 267 0 obj /Type /Annot /StructParent 598 /DA (/Helv 10 Tf 0 g) Trust Account Users Delegation << << /F 4 7. /Font << >> /AP << /GS0 378 0 R /PageWidthList << /TU (Notary Acknowledgement: County of \(Enter County\)) >> /JS (SyncCheckboxes\(event.target\);) /StructParent 421 /A 299 0 R delegation >> /Subtype /Widget /F 4 /FormType 1 /FormType 1 f /StructParent 433 249 0 obj /MK << /F 4 /Resources << /P 131 0 R /StructParent 708 /Encoding << /JS (SyncCheckboxes\(event.target\);)