Class C Corporation With Llc Subsidiary

State:
Multi-State
Control #:
US-EG-9402
Format:
Word; 
Rich Text
Instant download

Description

The Class C Distribution Plan and Agreement outlines the framework for the Class C shares of Putnam High Yield Trust II, a Massachusetts business trust. It is established under Rule 12b-1 of the Investment Company Act of 1940, focusing on managing distribution expenses and compensations related to the sale of Class C shares. Key features include a monthly fee of 1.00% of the average net asset value of Class C shares, which compensates Putnam Mutual Funds Corp. for its services. The plan requires majority approval from Class C shareholders and Qualified Trustees to take effect and continue past its initial year. Expenses incurred under this plan are reviewed quarterly by Trustees to maintain transparency. Termination of the plan or any related agreements can occur through majority votes from had. This document serves attorneys, partners, owners, associates, paralegals, and legal assistants by providing a structured means of compliance with regulatory requirements and ensuring clarity in the distribution process to protect shareholder interests.
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  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
  • Preview Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II

How to fill out Class C Distribution Plan And Agreement Between Putnam Mutual Funds Corp And Putnam High Yield Trust II?

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A request for a certified search of the UCC records must be submitted in writing to one of the Clerk of Court offices. The fee for the search is $30 per debtor name. The Secretary of State offers subscriptions to the UCC database for an annual fee of $400. The fee allows the subscriber unlimited usage.

Section XIX-123 - Additional Specific Requirements for Filings Changing the Status of an Initial UCC Filing A. Continuation Statement 1. A filed financing statement is effective for a period of five years. No exception is made for a stated maturity date of less than five years.

Where do I file an UCC-1 original financing statement in your state? In Louisiana, you may file an Original Financing Statement (UCC-1) with any of our 64 Parish filing offices. The Secretary of State's Office manages and maintains a statewide database and all 64 filing officers have access to this system.

Uniform Commercial Code (UCC) filings allow creditors to notify other creditors about a debtor's assets used as collateral for a secured transaction. UCC liens filed with Secretary of State offices act as a public notice by the "creditor" of the creditor's interest in the property.

UCC-11 Search UCC Certificate* (per debtor name)$30Copies of documents$2 per pageCertification of copies$5 each

In January of 1990, Louisiana adopted the Uniform Commercial Code.

Section XIX-123 - Additional Specific Requirements for Filings Changing the Status of an Initial UCC Filing A. Continuation Statement 1. A filed financing statement is effective for a period of five years. No exception is made for a stated maturity date of less than five years.

In January of 1990, Louisiana adopted the Uniform Commercial Code. This statewide notification system replaced Louisiana's chattel mortgage laws and for the first time provides lenders with statewide information regarding liens on movable, personal property.

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Class C Corporation With Llc Subsidiary