Common use of Discontinuance of Issuance of Certificates Clause in Contracts

Discontinuance of Issuance of Certificates. The Trusses may at any time discontinue the issuance of share certificates and may, by written notice to each Shareholder, require the surrender of share certificates to the Trust for cancellation. Such surrender and cancellation shall not affect the ownership of shares in the Trust.

Appears in 3 contracts

Sources: By Laws (Orbitex Group of Fund), By Laws (LKCM Fund), By Laws (LKCM Fund)