N.Y. Comp. Codes R. & Regs. tit. 3 § 22.10

Current through Register Vol. 46, No. 50, December 11, 2024

Section 22.10 - Procedure on accountings for liquidating accounts

For the purpose of subsequent admissions to and withdrawals from the common trust fund, the value of any investment transferred to a liquidating account shall be excluded. The trust company shall include in any subsequent accounting for the common trust fund an accounting for each liquidating account established in connection with such common trust fund.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 22.10