North Dakota 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 governing the Naveen Tax Free Unit Trust, Series 1140. This agreement establishes the relationship between the two parties and ensures the proper management and administration of the trust. The North Dakota Trust Indenture and Agreement include the following key provisions: 1. Parties: The agreement identifies the parties involved, namely John Naveen and Co., Inc. (the Sponsor) and Chase Manhattan Bank (the Trustee). 2. Purpose: It outlines the purpose of the trust, which is to invest in a diversified portfolio of tax-exempt securities, aiming to provide tax-free income to the unit holders. 3. Powers and Duties of the Trustee: The agreement details the powers and duties of the Trustee, which include overseeing the management of the trust, ensuring compliance with applicable laws and regulations, and acting in the best interest of the unit holders. 4. Creation of Units: The agreement describes the process of creating and issuing units of the trust, including the initial offering and subsequent sales or redemptions. 5. Custody of Assets: It specifies that the Trustee will hold, safe keep, and manage the assets of the trust on behalf of the unit holders. 6. Rights and Obligations of Unit Holders: The agreement outlines the rights and obligations of the unit holders, including the right to receive distributions, voting rights, and the obligation to comply with the terms of the agreement. 7. Distributions and Reporting: It establishes the guidelines for the distribution of income or capital gains to unit holders and details the reporting requirements for tax purposes. 8. Termination or Amendment: The agreement defines the circumstances under which the trust can be terminated or amended, including the process and requirements for obtaining unit holder consent. Different types of North Dakota Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank might be designated by series numbers or other unique identifiers. However, without specific information, it is not possible to name them.