- 6 - FIRST The SETTLOR hereby irrevocable [sic] assigns, conveys and gives to the Trustee, in trust, the following property: Cash: $100.00; SECOND The Trustee shall open and maintain such bank accounts as necessary to receive and hold said financial property, together with any additions thereto in trust for the use and benefit of the Trust Certificate Holders. Certificate 001 for 100 Trust Certificate Units issued as indicated below: SHASTA ENTERPRISES TRUST CERTIFICATE UNITS 100 THIRD This trust shall be irrevocable and amenable as described herein by appropriate Minute and hereby affirmed that the trust created by this agreement shall be irrevocable by the SETTLOR or by any other person or entity. * * * FOURTH This agreement and trust created hereby shall be administered, managed, governed and regulated in all respects according to the applicable statutes of the Uniform Trustees’ Powers Act and The Constitution of the United States. This trust shall be domiciled in the City of Washington, District of Columbia. This Trust Organization shall enjoy the benefits of the Uniform Commercial Code adopted by the City of Washington, District of Columbia in the following citations: section 28:1-105, TERRITORIAL APPLICATION OF THIS SUBTITLE; PARTIES’ POWER TO CHOOSE APPLICABLE LAW, and section 28:1-207, PERFORMANCE OR ACCEPTANCE UNDER RESERVATION OF RIGHTS. * * * * * * *Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 Next
Last modified: May 25, 2011