Here are the two formal legal documents structured specifically for Wyoming statutory trust compliance and banking/title verification.
DOCUMENT 1: SERIES DESIGNATION ADDENDUM
SERIES DESIGNATION NO. 01
TO THE GOVERNING INSTRUMENT OF GONEN STATUTORY TRUST
(Pursuant to W.S. § 17-23-115)
THIS SERIES DESIGNATION is executed as of [Date: Month Day, Year], by the undersigned Trustee(s) of Gonen Statutory Trust, a Wyoming statutory trust (the “Trust”).
1. Creation of Series
Pursuant to the authority vested in the Trustee(s) under the Governing Instrument of the Trust and Wyoming Statute § 17-23-115, a distinct series of beneficial interests in the Trust is hereby established and designated as:
GONEN STATUTORY TRUST — SERIES [Insert Series Name/Number, e.g., REAL ESTATE FUND I] (the “Series”).
2. Purpose & Assets
- Purpose: The Series is established to acquire, hold, lease, finance, manage, and sell real estate properties and related assets allocated to it by the Trustee(s).
- Asset Limitation: All assets, real property, cash reserves, bank accounts, rights, and interests acquired for or assigned to this Series shall belong exclusively to this Series and shall be accounted for separately on the books and records of the Trust.
3. Statutory Limitation of Liability (Wyoming Shield)
Pursuant to W.S. § 17-23-115(b):
- The debts, liabilities, obligations, and expenses incurred, contracted for, or otherwise existing with respect to this Series shall be enforceable against the assets of this Series only, and not against the assets of the Trust generally or any other Series established thereunder.
- None of the debts, liabilities, obligations, and expenses incurred with respect to the Trust generally or any other Series shall be enforceable against the assets of this Series.
4. Governance & Management
This Series shall be governed by the terms of the Master Governing Instrument of Gonen Statutory Trust, as amended from time to time, except as explicitly modified herein.
IN WITNESS WHEREOF, the undersigned Trustee(s) have executed this Series Designation as of the date first set forth above.
TRUSTEE(S):
Signature: ______________________________________
Printed Name: ___________________________________
Title: Trustee, Gonen Statutory Trust
DOCUMENT 2: CERTIFICATE OF INCUMBENCY
CERTIFICATE OF INCUMBENCY AND AUTHORIZED SIGNERS
GONEN STATUTORY TRUST
(Wyoming Statutory Trust)
The undersigned, [Name of Certifying Officer/Trustee], hereby certifies that they are the duly appointed and acting [Trustee / Manager / Secretary] of Gonen Statutory Trust, a statutory trust formed under the laws of the State of Wyoming (the “Trust”), and does further certify as follows:
- Existence: The Trust is validly existing and in good standing under the laws of Wyoming, operating under the Wyoming Statutory Trust Act (W.S. § 17-23-101 et seq.).
- Incumbency: The individuals named below currently hold the positions set forth opposite their respective names, are duly authorized to execute documents on behalf of the Trust (including any active Series thereunder), and the signatures set forth below are their genuine specimen signatures:
| Name | Title | Authorized Role | Specimen Signature |
|---|---|---|---|
| [Full Legal Name] | Trustee / Authorized Representative | Main Trust & Series Signer | _______________________ |
| [Full Legal Name] | Trustee / Manager | Main Trust & Series Signer | _______________________ |
| [Full Legal Name] | Authorized Signer | Banking / Operations Only |
- Authority: The above-named individuals are empowered to bind the Trust and Gonen Statutory Trust — Series [Series Name/Number] in commercial transactions, including opening and operating bank accounts, acquiring real estate, executing contracts, and taking out financing.
- Governing Documents: The Governing Instrument of the Trust remains in full force and effect and has not been revoked or amended in any manner that would invalidate the authority of the individuals listed above.
IN WITNESS WHEREOF, I have hereunto executed this Certificate as of [Date: Month Day, Year].
Signature: ______________________________________
Printed Name: ___________________________________
Title: [Trustee / Managing Trustee / Corporate Secretary]
Execution Protocol & Best Practices
Note: To ensure full enforceability and statutory liability isolation under Wyoming law:
- Keep signed copies of the Series Designation, Certificate of Incumbency, Trustee Resolution, and state-filed Certificate of Trust together as a single compliance packet for banks and title companies.
- Ensure each Series operates with its own separate bank account and EIN to avoid commingling assets and invalidating the liability shield defined under W.S. § 17-23-115.