How to make a Trust declaration for shares?

Make a Trust Declaration for a trustee who holds shares under a Trust Agreement with this easy-to-use template. The trustee declares that the shares registered in its name are being held in trust on behalf of another party, who is the beneficial owner of the shares.

Can a trustee execute a declaration of trust?

(4) the registration as aforesaid was made to the Trustee as a nominee of the Beneficiary and it was agreed that the Trustee should execute such declaration of trust as is hereinafter contained. NOW THIS AGREEMENT WITNESSETHas follows: (1)

What happens to CEC shares held in trust?

All shares of CEC Common Stock owned by CAC or any of its Subsidiaries, other than shares held directly or indirectly in trust accounts, managed accounts or otherwise held in fiduciary capacity for the benefit of third parties, shall become treasury stock of CEC. Shares Held in Trust.

What happens to the shares held in trust?

Shares Held in Trust. The Plan Shares shall be held in trust by the Bank and distributed or transferred in accordance with the Plan, as determined by the Committee and as set forth herein. Loading… Shares Held in Trust.

Can a designated Trustee access a trust account?

In fact, by law, a designated trustee alone may access trust checking account, to cut checks and replenish funds as needed.