Regl. 3215, art. 7
Commingling and Investment
Length: 118 wordsOfficial source
Cite as Reglamento Núm. 3215, Art. 7
The Trustee is expressly authorized in its
discretion:
(a) To tranfer from time to time any or all
of the assets of the Fund to any common.
commingled. or collective trust fund created
by the Trustee in which the Fund is eligible to
participate. subject to all of the provisions
thereof. to be commingled with the assets of
other trusts participating therein: and
(b) To purchase shares in any investment
company registered under the Investment
Company Act of 1940, 15 U.S.C. 80a-1 et seq.,
including one which may be created,
managed. underwritten, or to which
investment advice is rendered or the shares
of which are sold by the Trustee. The Trustee
may vote such shares in its discretion.