"This is an important event that provides certainty and sets a clear direction for the Company, " said Jim Bidzos, executive chairman, president and chief executive officer for Verisign.
The Uniform Trust Code provides some guidance when it states that any individual providing direction to a trustee is fiduciary per se. (Footnote 4) Contrast this with Alaska and Arizona, whose statutes state that a trust protector shall not be treated as a fiduciary unless the trust instrument provides for such treatment.
While we have more work to do, together with other economic indicators, this report provides further evidence that the economy is moving in the right direction.