Allspring Income Fund Amends By-Laws

TL;DR

ALLSPRING INCOME FUND JUST FILED AMENDED BY-LAWS. GOVERNANCE UPDATE.

AI Summary

Allspring Multi-Sector Income Fund filed an 8-K on April 19, 2024, to disclose its Fourth Amended and Restated By-Laws. These by-laws are subject to the existing Declaration of Trust and govern the operations of the Delaware statutory trust.

Why It Matters

Changes to a fund's by-laws can impact its governance structure and operational rules, potentially affecting how it is managed and how investors' interests are protected.

Risk Assessment

Risk Level: low — This filing concerns routine amendments to the fund's governing documents, not a material financial event.

Key Players & Entities

• ALLSPRING MULTI-SECTOR INCOME FUND (company) — Filer of the 8-K
• Delaware (location) — State of incorporation
• April 19, 2024 (date) — Filing date of the 8-K

FAQ

Filing Documents

• ercbylaws.htm (8-K) — 178KB
• ercform8k.htm (EX-3) — 40KB
• 0001081400-24-000231.txt ( ) — 425KB
• erc-20240416.xsd (EX-101.SCH) — 3KB
• erc-20240416_lab.xml (EX-101.LAB) — 33KB
• erc-20240416_pre.xml (EX-101.PRE) — 22KB
• ercform8k_htm.xml (XML) — 4KB

From the Filing

REPORT FILING                           FOURTH AMENDED AND RESTATED BY-LAWS OF ALLSPRING MULTI-SECTOR INCOME FUND a Delaware Statutory Trust       FOURTH AMENDED AND RESTATED BY-LAWS of ALLSPRING multi-sector income FUND a Delaware Statutory Trust INTRODUCTION A.   Agreement and Declaration of Trust . These Amended and Restated By-Laws shall be subject to the Agreement and Declaration of Trust, as from time to time in effect (the “Declaration of Trust”), of Allspring Multi-Sector Income Fund, a Delaware statutory trust (the “Trust”). In the event of any inconsistency between the terms hereof and the terms of the Declaration of Trust, the terms of the Declaration of Trust shall control. B.   Definitions . Capitalized terms used herein and not herein defined are used as defined in the Declaration of Trust. ARTICLE I .   OFFICES Section 1. Principal Office . The Trustees shall fix and, from time to time, may change the location of the principal executive office of the Trust at any place within or outside the State of Delaware. Section 2. Delaware Office . The Trustees shall establish a registered office in the State of Delaware and shall appoint as the Trust’s registered agent for service of process in the State of Delaware an individual who is a resident of the State of Delaware or a Delaware corporation or a corporation authorized to transact business in the State of Delaware; in each case the business office of such registered agent for service of process shall be identical with the registered Delaware office of the Trust. Section 3. Other Offices . The Trustees may at any time establish branch or subordinate offices at any place or places within or outside the State of Delaware where the Trust intends to do business. ARTICLE II .   MEETINGS OF SHAREHOLDERS Section 1. Annual Meetings . (a) Except as provided in the next sentence, regular meetings of the Shareholders for the election of Trustees and the transaction of such other business as may properly come before the meeting shall be held, so long as Shares are listed for trading on the NYSE American, on at least an annual basis, on such day and at such place within or without the State of Delaware as shall be designated by the Trustees. In the event that such a meeting is not held in any annual period if so required, whether the omission be by oversight or otherwise, a subsequent special meeting may be called by the Trustees and held in lieu of such meeting with the same effect as if held within such annual period. (b) For any matter to be properly before any annual meeting, the matter must be (i) specified in the notice of meeting given by or at the direction of a majority of the Trustees, (ii) otherwise brought before the meeting by or at the direction of a majority of the Trustees (or any duly authorized committee thereof), or (iii) brought before the meeting in the manner specified in Section 14 of this Article II by a Shareholder of record entitled to vote at the meeting and at the time the notice provided for in Section 14 of this Article II is delivered to the Secretary. Section 2. Special Meetings . (a) Special meetings of the Shareholders may be called at any time by the Chair or the Trustees or any officer designated for such purpose by the Trustees. Except as provided in Section 3 of this Article II, any special meeting shall be held at such date and time as may be designated by the Chair or the Trustees or such officer designated for such purpose by the Trustees, whoever has called the meeting. Subject to Section 3 of this Article II, a special meeting of Shareholders shall also be called by the Secretary of the Trust upon the written request of the Shareholders entitled to cast not less than a majority of all the votes entitled to be cast at such meeting. (b) For any matter to be properly before any special meeting, the matter must be (i) specified in the notice of meeting given by or at the direction of a majority of the Trustees or pursuant to Section 3 of this Article II upon the written request of Shareholders, or (ii) otherwise brought before the meeting by or at the direction of a majority of the Trustees (or any duly authorized committee thereof). Section 3. Shareholder Request for Special Meetings .   2   (a) Any Shareholder of record seeking to have Shareholders request a special meeting shall, by sending written notice to the Secretary (the “Record Date Request Notice”) by registered mail, return receipt requested, request the Trustees to fix a record date to determine the Shareholders entitled to request a special meeting (the “Requested Record Date”). The Record Date Request Notice shall set forth the purpose of the special meeting and th

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