The District of Columbia Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legally binding document that outlines the terms and conditions of a trust agreement relating to investments and securities in the District of Columbia. This agreement establishes a fiduciary relationship between Prudential Securities Incorporated, acting as the trustee, and The Chase Manhattan Bank, acting as the beneficiary. The purpose of the trust is to facilitate the management and administration of various financial assets within the District of Columbia. Under this agreement, Prudential Securities Incorporated assumes responsibility for managing and investing the assets held in the trust on behalf of The Chase Manhattan Bank. The trustee is entrusted with ensuring that the investments comply with the applicable laws, regulations, and guidelines set forth by the District of Columbia. The agreement specifies the rights and responsibilities of both parties, detailing the trustee's authority to buy, sell, and hold securities, as well as the frequency and extent of reporting to the beneficiary. It also outlines the conditions under which the trustee can delegate or assign certain duties to third parties, such as investment advisors or custodians. Furthermore, this reference trust agreement may include provisions related to the compensation and indemnification of the trustee, details about the distribution of income and principal, and procedures for amendments or termination of the trust. Additional types of District of Columbia Reference Trust Agreements between Prudential Securities Incorporated and The Chase Manhattan Bank may include: 1. District of Columbia Reference Trust Agreement for Employee Benefit Plans: This type of trust agreement may be specifically designed for managing employee benefit plans, such as pensions or retirement accounts, within the District of Columbia jurisdiction. 2. District of Columbia Reference Trust Agreement for State or Municipal Entities: This variation of the agreement may be tailored for state or municipal entities within the District of Columbia, outlining specific provisions and considerations relevant to government organizations. 3. District of Columbia Reference Trust Agreement for Institutional Investors: This type of agreement may cater to institutional investors, such as banks, insurance companies, or other financial institutions, who wish to entrust their assets in the District of Columbia to Prudential Securities Incorporated and The Chase Manhattan Bank. In summary, the District of Columbia Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank serves as a comprehensive legal document that governs the management and administration of financial assets within the District of Columbia jurisdiction. It ensures compliance with applicable laws and regulations while establishing a clear framework for the trustee-beneficiary relationship.