Trust amends trust document to change removal thresholds
Angel Oak Financial Strategies Income Term Trust amended its Declaration of Trust to change the voting thresholds for shareholder and trustee removal for cause. The requirement for removing a trustee is updated to a 66.67% consensus of both shareholders and the remaining trustees.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
START FREE — 10,000 calls/day, no key needed