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A Data Use Agreement (DUA) is a legal binding agreement between CMS and an external entity (e.g., contractor, private industry, academic institution, other Federal government agency, or state agency), when an external entity requests the use of CMS personal identifiable data that is covered by the Privacy Act of 1974.

Trustee in State; registered agent. (a) Every statutory trust shall at all times have at least 1 trustee which, in the case of a natural person, shall be a person who is a resident of this State or which, in all other cases, has its principal place of business in this State.

The Delaware Act provides that, except as provided for in the governing instrument, the statutory trust shall have perpetual existence, and a statutory trust may not be terminated or revoked by a beneficial owner or other person except in ance with the terms of its governing instrument. 12 Del. C. §3808(a).

§ 3807. Trustee in State; registered agent. (a) Every statutory trust shall at all times have at least 1 trustee which, in the case of a natural person, shall be a person who is a resident of this State or which, in all other cases, has its principal place of business in this State.

Also, for purposes of taxation under Delaware law, a DST is classified as a corporation, an association, a partnership, a trust or otherwise, as determined under the Internal Revenue Code.

Organizational Documents: Certificate of Trust and Governing Instrument. The organizational documents of a DST consist of a certificate of trust and the governing instrument. The certificate of trust is filed in the office of the Secretary of State and becomes a public record.

A Delaware Statutory Trust is a real estate ownership structure where multiple investors each hold an undivided fractional interest in the holdings of the trust. The trust is established by a professional real estate company, referred to as “DST sponsor”, who first identifies and acquires the real estate assets.