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IDA. The Trustee may refuse to comply with the directions of the Participant to invest in assets other <br />than those listed in its Permissible Investments Guidelines or with directions which the "Trustee <br />deems to be improper or contrary to the provisions of the Plan and Trust or the Internal Revenue <br />Code and shall have no liability for such refusal. <br />(b) Participant Directed Account within Plan Administrator Selected Investment Options <br />("Directed Accounts"): If the Agency so elects, and directs the Trustee to execute appropriate legal <br />agreements, the Participant's Account Balance shall be segregated into a Participant Directed <br />Account ("Directed Account"), over which the Participant may direct investment into one or more <br />investment alternatives ("Investment Options"). The Plan Administrator or its appointed Investment <br />Fiduciary shall have full responsibility for designating the Investment Options under the Plan and for <br />selecting the underlying investment vehicle(s) far each designated Investment Option into which a <br />Participant may direct investment of his or her Directed Account. To the extent allowed by law, <br />neither the Agency, the Plan Administrator, the Record -keeper, nor the Trustee shall have any <br />responsibility for monitoring the directions of the Participant nor shall the Agency, the Plan <br />Administrator, the Record -keeper or the Trustee be liable in any manner for investment or other <br />losses or other liability for following directions of a Participant. <br />(c) If Directed Accounts are established, notwithstanding any other provision of this <br />Trust Agreement, the Agency may appoint the Trustee to provide ministerial administrative services <br />for such accounts by so indicating in the Agency's Plan, provided that an acceptable service <br />agreement has been executed by and between the Agency, the Plan Administrator, the Trustee and <br />the Record -keeper. <br />ARTICLE III <br />TRUSTEE'S POWERS <br />3.1 General Trustee's Powers. Except as otherwise provided in Article II, the Trustee shall <br />have full power and authority with respect to property held in the Trust to do all such acts, take all <br />proceedings, and exercise all such rights and privileges, whether specifically referred to or not in this <br />document, as could be done, taken or exercised by the absolute owner, including, without limitation, <br />the following: <br />(a) To iaivest and reinvest the Trust or any ,part hereof in any one or more kind, type, <br />class, item or parcel of properly, real, personal or mixed, tangible or intangible; or in any one or <br />more kind, type, class, item or issue of investment or security; or in any one or more kind, type, class <br />or item of obligation, secured or unsecured; or in any combination of them; and to retain the property <br />associated with such investment or reinvestment for the period of time that the Trustee deems <br />appropriate. <br />(b) To buy, sell, assign, transfer, acquire, loan, lease (for any purpose, including <br />mineral leases, and for terms within or extending beyond the life of this Trust), exchange and in any <br />other manner to acquire, manage, deal with and dispose of all or any part of the Trust property, for <br />cash or credit and upon any reasonable terms and conditions. <br />(c) To make "deposits" with any bank or savings and loan institution, including any <br />such facility of the Trustee or an affiliate thereof provided that the deposit bears a reasonable rate of <br />55A-24 <br />