Delegation of Power to Other Trustees Clause Samples

Delegation of Power to Other Trustees. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees; provided that in no case shall fewer than two (2) Trustees personally exercise the powers granted to the Trustees under this Declaration except as herein otherwise expressly provided.

Delegation of Power to Other Trustees. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding one (1) month at any one time to any other Trustee. Except where applicable law may require a Trustee to be present in person, a Trustee represented by another Trustee, pursuant to such power of attorney, shall be deemed to be present for purpose of establishing a quorum and satisfying the required majority vote.

Delegation of Power to Other Trustees. 10 ARTICLE IV COMMITTEES........................................................10 Section 1.

Delegation of Power to Other Trustees. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees; provided that in no case shall fewer than two (2) Trustees personally exercise the powers granted to the Trustees, except as otherwise expressly provided herein or by resolution of the Trustees. Except where applicable law may require a Trustee to be present in person, a Trustee represented by another Trustee pursuant to such power of attorney shall be deemed to be present for purposes of establishing a quorum and satisfying the required vote of Trustees.

Delegation of Power to Other Trustees. 4 Section 2.7 Removal of Trustees...............................4 Section 2.8. General Powers....................................4 Section 2.9. Investments.......................................5 Section 2.10. Legal Title.......................................6 Section 2.11. By-Laws...........................................7 Section 2.12. Distribution and Repurchase of Shares.............7 Section 2.13. Delegation........................................7 Section 2.14. Collection and Payment............................7 Section 2.15. Expenses..........................................7 Section 2.16. Committees........................................7

Delegation of Power to Other Trustees. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees; provided that in no case shall fewer than two (2) Trustees personally exercise the powers granted to the Trustees under the Trust's Agreement and Declaration of Trust except as otherwise expressly provided herein or by resolution of the Board of Trustees. Except where applicable law may require a Trustee to be present in person, a Trustee represented by another Trustee pursuant to such power of attorney shall be deemed to be present for purposes-of establishing a quorum and satisfying the required majority vote.

Delegation of Power to Other Trustees. 8 ARTICLE IV COMMITTEES ................................................ 8 Section 1. COMMITTEES OF TRUSTEES ............................... 8 Section 2. MEETINGS AND ACTION OF COMMITTEES .................... 8 ARTICLE V OFFICERS .................................................. 9 Section 1. OFFICERS ............................................. 9

Delegation of Power to Other Trustees. 8 ARTICLE IV Committees.........................................................8 Section 1. Committees......................................................8 Section 2. Meetings and Action of Committees...............................9

Delegation of Power to Other Trustees. 4 Section 2.7. Removal of Trustees by the Shareholders. 4 Section 2.8. General Powers. 4 Section 2.9. Investments. 4 Section 2.10. Legal Title. 6 Section 2.11. By-Laws. 6