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2010-320C
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2010-320C
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Last modified
2/23/2016 2:16:14 PM
Creation date
10/1/2015 1:30:43 AM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
12/21/2010
Control Number
2010-320C
Agenda Item Number
12.G.3
Entity Name
Florida League of Cities
Subject
Pension Fund Amended June 2006
Florida Municipal Pension Trust Fund Master Agreement
Supplemental fields
SmeadsoftID
9171
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Section 507 . INVESTMENT IN MUTUAL FUNDS . <br /> The Master Trustees may offer one ( 1 ) or more investment options pursuant to one ( 1 ) or <br /> more agreements with companies offering mutual fund products . Any asset invested pursuant to <br /> such an agreement shall be held by the Master Trustees . Each mutual fund so selected shall <br /> certify the value of the Other Post-Employment Benefit Plan Trust ' s interest in that fund at least <br /> annually . The Master Trustees shall be entitled to rely conclusively on such valuation for all <br /> purposes under the Other Post-Employment Benefit Plan Trust . <br /> Section 507 . MISCELLANEOUS . <br /> A . Conflict. In resolving any conflict among provisions of the Other Post- <br /> Employment Benefit Plan Trust and in resolving any other uncertainty as to the meaning or <br /> intention of any provision of the Other Post-Employment Benefit Plan Trust, the interpretation <br /> that ( i) causes the Other Post-Employment Benefit Plan Trust to be exempt from tax under IRC <br /> Sections 115 and 501 (a) , and (ii) causes the participating other post-employment benefit plan and <br /> the Other Post-Employment Benefit Plan Trust to comply with all applicable requirements of law <br /> shall prevail over any different interpretation . <br /> B . No Guarantees . Neither the Administrator nor the Master Trustees guarantee the <br /> Other Post-Employment Benefit Plan Trust from loss or depreciation or the payment of any <br /> amount which may become due to any person under any participating other post-employment <br /> benefit plan or this Agreement. <br /> [SIGNATURE PAGE FOLLOWS] <br /> 29 <br /> MADI 625405.4 <br />
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