The Alaska Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves as a framework for the management and administration of the trust, ensuring that all parties involved are aligned in their responsibilities and obligations. The trust indenture and agreement establish the roles and responsibilities of both John Naveen and Co., Inc. and Chase Manhattan Bank. John Naveen and Co., Inc. serves as the trustee of the trust, responsible for managing the trust assets in accordance with the objectives outlined in the agreement. Chase Manhattan Bank, on the other hand, acts as the paying agent and custodian, handling tasks such as processing distributions and safekeeping of the trust's securities. The agreement specifies the investment objectives and restrictions of the Naveen Tax Free Unit Trust, Series 1140. It provides a detailed description of the types of securities in which the trust may invest, such as municipal bonds, ensuring compliance with applicable tax laws governing tax-free investments. Additionally, the agreement outlines the terms and conditions surrounding the issuance and redemption of units in the trust. It specifies the minimum investment amount required to participate in the trust and details the procedures for buying and selling units. While there may be variations or updates to the Alaska Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Naveen Tax Free Unit Trust, Series 1140, these are typically known by variations of the series number or additional provisions specific to a certain period or offering. It is important for potential investors or interested parties to carefully review the specific terms of the trust indenture and agreement to fully understand the rights, benefits, and risks associated with participating in the Naveen Tax Free Unit Trust, Series 1140.
Alaska Trust Indenture and Agreement between John Nuveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Nuveen Tax Free Unit Trust, Series 1140
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