2006 New York Code - Provisions Of Agreement.

 
    §  490-d. Provisions of agreement. The agreement shall provide for the
  following: (a) The designation of a corporate  trustee  or  a  board  of
  trustees  to  administer  the  fund and procedure for the resignation or
  removal of any such trustee or trustees  and  for  the  selection  of  a
  substitute trustee or trustees;
    (b) The amount of the initial contribution to the fund, which shall be
  made  by  all  parties  to  the agreement ratably in proportion to their
  respective share and deposit liabilities, and which shall  be  not  less
  than  one-fourth  of  one  per  centum  of  the  total share and deposit
  liabilities, of each such party;
    (c) The manner of making subsequent  calls  for  contributions,  which
  shall be made ratably upon all parties to the agreement in proportion to
  their   respective  share  and  deposit  liabilities,  except  that  the
  superintendent, where he deems it necessary and  advisable,  may  exempt
  any such party or parties from any such call in whole or in part;
    (d)  Procedure for amendment of such agreement and its termination and
  liquidation of the fund;
    (e) The powers to be vested in  the  corporate  trustee  or  board  of
  trustees,  as the case may be, and the manner in which such powers shall
  be exercised;
    (f) The distribution of any earnings  realized  from  the  fund  which
  distribution  shall  be  made  only  with  the  written  consent  of the
  superintendent;
    (g) The method of determining from time to  time  the  amount  of  the
  share   and  deposit  liabilities  of  the  respective  parties  to  the
  agreement;
    (h) The requirements to be complied with by a party to  the  agreement
  desiring  to  withdraw  therefrom prior to its termination, provided the
  contributions to the fund theretofore made  by  such  withdrawing  party
  shall not be returned but shall remain the property of the fund.