Idaho Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank is a legally binding agreement that outlines the terms and conditions under which Prudential Securities Incorporated and The Chase Manhattan Bank will collaborate on the management of reference trusts in Idaho. This agreement establishes the roles and responsibilities of both parties in managing the trust and ensures compliance with all applicable laws and regulations. The primary objective of the reference trust is to provide a secure and efficient platform for investors and clients in the state of Idaho to manage their assets and investments. Under this agreement, Prudential Securities Incorporated acts as the trustee and is responsible for the day-to-day management and administration of the reference trust. They act in the best interests of the trust's beneficiaries, executing trades, managing assets, and making investment decisions in line with the agreed-upon investment strategy. The Chase Manhattan Bank, as the custodian, holds the trust's assets, ensures their safety, and handles the settlement of transactions. They also provide regular reporting, documentation, and record-keeping services, ensuring transparency and accountability throughout the trust's operation. This Idaho Reference Trust Agreement covers various types of trusts, including individual investment accounts, retirement accounts, and charitable giving accounts. Each trust type may have specific provisions and guidelines tailored to meet the unique needs and objectives of the trust beneficiaries. Prudential Securities Incorporated and The Chase Manhattan Bank work collaboratively to ensure that the trust is managed effectively, with regular communication, meetings, and updates on the trust's performance. They also closely monitor market conditions, adjust investment strategies if necessary, and strive to achieve the financial goals and objectives set forth in the agreement. The agreement also includes provisions for dispute resolution mechanisms, termination agreements, and procedures for any modifications or amendments to the trust. In conclusion, the Idaho Reference Trust Agreement between Prudential Securities Incorporated and The Chase Manhattan Bank provides a comprehensive framework under which a variety of trust types can be managed efficiently and effectively for the benefit of investors and clients in Idaho. It ensures transparency, accountability, and adherence to all legal and regulatory requirements, establishing a solid foundation for successful trust management.