Form Mo 780-1272 - Irrevocable Trust Agreement - Missouri Department Of Natural Resources Page 2
Download a blank fillable Form Mo 780-1272 - Irrevocable Trust Agreement - Missouri Department Of Natural Resources in PDF format just by clicking the "DOWNLOAD PDF" button.
Open the file in any PDF-viewing software. Adobe Reader or any alternative for Windows or MacOS are required to access and complete fillable content.
Complete Form Mo 780-1272 - Irrevocable Trust Agreement - Missouri Department Of Natural Resources with your personal data - all interactive fields are highlighted in places where you should type, access drop-down lists or select multiple-choice options.
Some fillable PDF-files have the option of saving the completed form that contains your own data for later use or sending it out straight away.
ADVERTISEMENT
1
25.
The Trustee shall have full power:
a.
To retain, invest and reinvest the trust corpus in cash, certificates of deposit or U.S. government securities.
b.
To sell or exchange any or all of the trust property as the Trustee deems proper for like-kind property.
c.
To register and hold the trust property in the name of a nominee without qualification or restriction.
d.
To exercise any conversion privilege or subscription right given to the Trustee of any property constituting a portion
of the trust.
6.
The Trustee shall render to the Settlor and to the department annually, commencing on the date specified by the
department and each year thereafter, a written statement showing the correct amount of income and disbursements during
the preceding year, with a description and statement of value of the then corpus of the trust.
7.
The Trustee shall notify the owner/operator and the director by certified mail, within 10 days following the expiration of the
30-day period after the anniversary of the date of permit issuance, if no payment is received from the owner/operator. After
the amount of the instrument is equal to the approved closure cost, the trustee shall not be required to send a notice of
nonpayment.
8.
The Trustee shall receive reasonable and customary compensation for its services hereunder, the amount of which is to be
fixed by agreement of the Settlor, the Trustee and the department.
9.
The Trustee may resign upon the appointment of a qualified successor Trustee by delivering a written resignation to both
the Settlor and the department. Either the Settlor or the department may terminate the authority of the Trustee by delivering
a written notice of termination to the Trustee, in which case a qualified successor Trustee shall be appointed.
10. No rescission of this trust agreement or any of its terms except as expressly provided herein shall be of any effect without
consent in writing subscribed by all the parties thereto.
Signed, sealed and dated this ______________day of ______________, 20______.
______________________________________________
_______________________________________________________
(SETTLOR NAME AND TITLE (PRINT OR TYPE))
(SETTLOR SIGNATURE)
The undersigned Trustee hereby accepts the terms and provisions of the foregoing trust and acknowledges receipt of the assets
described in Schedule “A” attached hereto.
______________________________________________
_______________________________________________________
(TRUSTEE NAME AND TITLE, PRINT OR TYPE)
(TRUSTEE SIGNATURE)
Approved:
State of Missouri
By ____________________________________________________
Department of Natural Resources
(DIRECTOR)
MO 780-1272 (10-11)
PAGE 2 OF 2
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form 3400-187 - Construction Site Inspection Report - Wisconsin Department Of Natural Resources
Legal
Form 4400-068 - Closure Irrevocable Trust Agreement (for Use By Solid Waste Landfills) - State Of Wisconsin Department Of Natural Resources
Legal
Form Dnr 8803 - Student Registration Form - Ohio Department Of Natural Resources, Division Of Wildlife
Life
Related Categories
Parent category: Legal