I.   Introductory Provisions

Summaries are the twenty-fifth of thirty-three (33) Administrative Elements of Trust being a valid entry in a Register as a Roll representing the existence of a completed record as "proof of Person" across (a) a memorandum; and (b) a journal; and (c) a ledger as a certificate and any evidential affidavits or summary extracts as statements, reports, documents and disclosures of elements of Trust over a given time period.

The four essential types of Summaries in association with a valid Trust, or Estate or Fund are Certificate, Note, Bill and Report:

(i) A Certificate is a formal Extract of Proof in writing of a definitive, fixed, definite, reliable and certain manner that some act has or has not been done, or some event occurred or some formal decision has been concluded, given under written assurance (certified statement) by a valid officer possessing the authority to issue such an instrument

(ii) A Note is an informal Abstract of Proof in writing of a summary that some act has or has not been done, or some event occurred or some formal decision has been concluded and given by a valid officer possessing the authority to issue such an instrument but without written assurance (certified statement); and

(iii) A Bill is a formal statement, declaration or promise of particular facts or proceedings in writing, given under written assurance (certified statement)

(iv) A Report is a formal statement of facts or proceedings in writing but without written assurance (certified statement).

An example of the differences of the four types of Summaries may be applied to the formal example of payment of Bank Stock held against some valid Account:

(i) A valid Bank Certificate is a formal Extract of Proof in writing of a definitive, fixed, definite and certain value of Bank Stock held against some valid Account available to be redeemed under certain conditions, confirmed under written assurance (certified statement) by a valid officer of the Bank possessing the authority to issue such an instrument; and

(ii) A valid Bank Note is an informal Abstract of Proof in writing of a summary that Bank Stock to some value is held against some valid Account and that such funds may or may not be redeemed, or such a document may or may not be used as negotiable tender, but without written assurance (certified statement); and

(iii) A valid Bank Bill is a formal statement, declaration or promise by the Bank such funds of Bank Stock held in an Account may be redeemed under certain conditions and that such a document may or may not be used as negotiable tender, given under written assurance (certified statement); and

(iv) A valid Bank Report (or Bank Statement) is a formal statement of facts as to the existence of certain value of Bank Stock in an Account but without assurance or indication that such funds may be redeemed or that such a document may or may not be used as negotiable tender, but without written assurance (certified statement).