Legislation
SECTION 514
Liability of investment company for assessments by superintendent
Banking (BNK) CHAPTER 2, ARTICLE 12
§ 514. Liability of investment company for assessments by
superintendent. When the superintendent, pursuant to the powers
conferred on him by article two of this chapter, shall have levied any
assessment upon any investment company and shall have duly notified such
investment company of the amount thereof, the amount so assessed shall
become a liability of and shall be paid by such investment company to
the superintendent.
superintendent. When the superintendent, pursuant to the powers
conferred on him by article two of this chapter, shall have levied any
assessment upon any investment company and shall have duly notified such
investment company of the amount thereof, the amount so assessed shall
become a liability of and shall be paid by such investment company to
the superintendent.