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Change of trustee form

Change of trustees cac 2026

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The document is a form (CAC/IT 3) from the Corporate Affairs Commission for the change of trustees of an organization, as per Section 682. It requires details of current and new trustees, reasons for the change, and necessary attachments such as meeting minutes and publications. The form must be signed by the chairman and secretary, with provisions for additional information if needed.

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Click ‘Get Form’ to open the change of trustees CAC in the editor.
Begin by entering the name of your organization, certificate number, and file number at the top of the form.
In section A, list the names of the present trustees. Ensure all current trustee names are accurately filled in.
Proceed to section B where you will input details for new trustees. For each new trustee, provide their name, address, P.O. Box, email, telephone number, occupation, and signature. Attach a passport-size photograph for each individual.
In section C, clearly state the reasons for changing trustees. This should be concise yet informative.
Section D requires you to confirm attachments: minutes of meeting, evidence of newspaper publications, notice displayed at headquarters and branches, and updated annual returns. Mark 'Yes' or 'No' accordingly.
Finally, ensure that both the Chairman and Secretary sign and date the form at the bottom before submission.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

How do I change the trustees of a trust?

If they are not prepared to make an appointment, then an application to the Court under S41 (see below) will be necessary. The appointment is usually done by deed. S36(1) can therefore be used to remove the trustee in question and appoint a replacement trustee.

How much does CAC charge for incorporated trustees?

Services for Incorporated Trustees S/NSUBJECTFEES in Naira (₦) 1 Reservation of Name 500 2 Incorporation of trustees 30,000.00 3 Filing of notice of change of name 10,000.00 4 Filing of notice of change in trustees 10,000.009 more rows Dec 1, 2019

What are the requirements for change of trustees?

Requirements for Changing or Appointing Trustees Duly Completed Change of Trustees Form. Formal Application. Publication of Notice in Newspapers. Minutes of General Meeting. Trustees Declaration Form. Photocopy of Identity Document. Original Certificate of Incorporation. Updated Annual Returns.

How do you remove trustees in Nigeria?

How to Remove a Trustee of an NGO Hold a general meeting adopting the proposed change. Advertise notice of application for change of trustees and amendment of the Constitution in two daily newspapers within 28 days. Make a formal application to the CAC with the appropriate forms and documents.

How to change trustee on deed of trust?

Steps to Change a Trustee Step 1: Review the Trust Document. Start by reading the trust document. Step 2: Consult a Trust Attorney. Step 3: Prepare Legal Documentation. Step 4: Select the Right Successor Trustee. Step 5: Transfer Assets and Authority. Step 6: Notify Beneficiaries and Relevant Parties.

newspaper publication for incorporated trustee

Change of trustees cac sample Change of trustees cac pdf Change of trustees cac form Change of trustees cac form pdf Change of trustees cac 2022 Change of trustees cac letter CAC forms CAC trustee declaration form PDF

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What is the purpose of a trustee deed?

Like a mortgage, a trust deed makes a piece of real property security (collateral) for a loan. If the loan is not repaid on time, the lender can foreclose on and sell the property and use the proceeds to pay off the loan.

What is the deed of change of trustees?

The deed allows you, the settlor, to make changes to your trustees. (The settlor is the person who created the original trust over their policy.)

What does change of trustee mean?

A change of trustee will usually require the consent of the appointor of the trust. An appointor is a person who has the power to remove the trustee. They are usually the person who establishes the trust. The new trustee will also need to sign a consent to act as trustee of the trust.