Disclosure of real estate transactions by trustees and staff required, with compliance conflict review and trustee consultation allowed. Trustees, employees and directors of the asset management company or trustee company must disclose all real estate asset transactions to the compliance officer within one month; the compliance officer shall report on potential conflict of interest with recommendations to the trustees; affected persons may request trustees' views before entering into such transactions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Disclosure of real estate transactions by trustees and staff required, with compliance conflict review and trustee consultation allowed.
Trustees, employees and directors of the asset management company or trustee company must disclose all real estate asset transactions to the compliance officer within one month; the compliance officer shall report on potential conflict of interest with recommendations to the trustees; affected persons may request trustees' views before entering into such transactions.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.