Indemnity In Trust

State:
Multi-State
Control #:
US-CC-17-105G
Format:
Word; 
Rich Text
Instant download

Description

The Indemnity in Trust document establishes a trust agreement between the Financial Corporation of Santa Barbara (FCSB) and Security Pacific National Bank as the trustee. Its primary purpose is to reassure directors and officers of FCSB by providing a secured trust fund for the indemnification of their legal fees and expenses incurred under separate indemnity agreements. The trust will hold cash and securities, with FCSB required to maintain a minimum asset value of $750,000. Key features include clear guidelines on deposit requirements, usage of assets, and the roles and responsibilities of the trustee and agents. The document details procedures for requesting reimbursements, emphasizing that requests will be processed without requiring the trustee to determine eligibility for indemnification. It also sets the conditions for trust termination and lays out the procedure for appointing a successor trustee when necessary. This document is particularly useful for attorneys, partners, and paralegals involved in corporate governance and compliance, as it outlines essential provisions for protecting corporate officers from legal liabilities. Legal assistants may also find it valuable for managing trust records and assisting in the preparation of necessary documentation.
Free preview
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust
  • Preview Directors and Officers Indemnity Trust

How to fill out Directors And Officers Indemnity Trust?

Managing legal documents and processes can be a labor-intensive aspect of your entire day.

Indemnity In Trust and similar forms usually require you to search for them and understand how to fill them out correctly.

As a result, if you are handling financial, legal, or personal issues, having a comprehensive and easy-to-access online library of forms at your disposal will be tremendously beneficial.

US Legal Forms is the premier online platform for legal templates, boasting over 85,000 state-specific forms and a multitude of resources to assist you in completing your documents effortlessly.

Is this your first time using US Legal Forms? Sign up and create a free account in just a few minutes, and you'll gain access to the form library and Indemnity In Trust. Then, follow these steps to complete your form: Ensure you have identified the correct form by utilizing the Preview feature and reviewing the form description.

  1. Explore the library of relevant documents available to you with a single click.
  2. US Legal Forms provides you with state- and county-specific forms that are available for download at any time.
  3. Protect your document management processes by utilizing a superior service that allows you to prepare any form in minutes with no additional or hidden fees.
  4. Simply Log In to your account, locate Indemnity In Trust, and obtain it directly from the My documents section.
  5. You can also retrieve previously saved forms.

Form popularity

FAQ

Some are available for purchase, some are online for free, and some just show that the record exists and to obtain a copy you need to go in person to the clerk's office for that specific county. But generally speaking, divorce records are open to the public in Georgia.

Although the department can confirm divorces, copies of the records are held by the Clerk of the Superior Court in the county where the divorce was granted. Any requests for divorce records must go through the superior court.

Generally, you can only bring a child support modification action once every two years so keep this in mind when deciding whether or not to file a modification. The two year limitation does not apply from the date of your divorce decree, but rather from the date of your last modification.

You can get a copy of your divorce records at the Closed File Room on the first floor of Fulton County Superior Court, 136 Pryor Street.

File for a modification through the courts Regardless of the reason, modifying child support must be done through a formal court proceeding. Otherwise, the paying party runs the risk of being held in contempt for not paying child support in ance with the court order.

If life circumstances change and the custody order needs to be modified, one party can file a petition to modify custody. To modify custody, they must prove that there has been a material change in circumstances that will impact the child's well-being.

Both parents have the right to ask DCSS to review a child support order three years after the order becomes effective unless a substantial change in circumstances can be shown for orders less than three years old. The request must be made, in writing, to the child support office handling their case.

How do you modify child support orders in Georgia? Custodial or noncustodial parents in Georgia who wish to modify a child support order can pay a $100 fee to have the Georgia Division of Child Support Services review their case.

Trusted and secure by over 3 million people of the world’s leading companies

Indemnity In Trust