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declaration of trust |
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declaration of trust A written statement that one who holds the legal title to property does so in trust for another,being the beneficiary. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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| Armed with these tools, you can create a valid Declaration of Trust yourself. On November 13, 2006, RMR Hospitality and Real Estate Fund (Amex: RHR) announced that it had filed a lawsuit against Bulldog Investors General Partnership ("BIGP") and certain of its affiliates for allegedly violating a provision of RHR's Agreement and Declaration of Trust purporting to limit any person or group of persons other than RHR's investment advisor from beneficially owning more than 9. The proposal to convert to open-end form was submitted to the shareholders of the funds as a result of provisions in each fund's Agreement and Declaration of Trust that require that, if the fund's shares trade at a certain discount to net asset value during the last 12 weeks of the fund's fiscal year, a proposal to convert the fund to open-end form must be presented to shareholders at the fund's next annual meeting. |
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