If a certificate holder chooses to participate in a trust created or sponsored by an association of which it is a member, does that certificate holder need to submit a separate trust document?
A. No. The trustee of the association trust will submit the association trust document on behalf of all the association’s members. Approval will be given to the master trust agreement. Certificate holders who choose to participate in such trusts must, however, submit to the Commissioner an executed joinder agreement or a participation agreement bearing the name of the sponsoring association.
Related Questions
- If a certificate holder chooses to participate in a trust created or sponsored by an association of which it is a member, does that certificate holder need to submit a separate trust document?
- If an LEA chooses not to submit a Final Scope of Work, is it legally obligated to establish or participate in a Network Team?
- Can I submit one document (e.g., death certificate) and have it applied to each Trust?
