PAR VALUE PER SHARE. The Trustees may authorize separate classes of Shares together with such designations and powers, preferences and rights, qualifications, limitations and restrictions may be determined from time to time by the Board of Trustees. The number of shares of beneficial interest authorized hereunder is unlimited. The Trustees shall have the authority from time to time to establish and designate one or more separate, distinct and independent Series of Shares (each of which Series, including without limitation each Series authorized in Section 6.1(b) hereof, shall represent interests only in the assets attributed by the Trustees to such Series), and to authorize separate Classes of Shares of any such Series, as they deem necessary or desirable.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust (Van Kampen Municipal Opportunity High Income Fund), Trust Agreement (Van Kampen Dynamic Credit Opportunities Fund)