N.Y. Comp. Codes R. & Regs. tit. 3 § 50.62
Current through Register Vol. 46, No. 53, December 31, 2024
After the adoption of a resolution by the board of directors or the receipt of notice from the Banking Board directing the termination of any mutual trust investment company, all shares shall be redeemed in the same manner as if it were a liquidating account.
N.Y. Comp. Codes R. & Regs. Tit. 3 § 50.62