Sec.3-31b-5. Admission and withdrawal from each combined investment fund  


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  • The actual admission to or withdrawal from each combined investment fund shall be processed only after the fund is valued on a valuation date described in section 3-31b-6 of the Regulations of Connecticut State Agencies. Except for the initial contribution to the fund and upon such other exceptions made by the Treasurer, admission to and withdrawal from any combined investment fund shall be made solely in cash through the purchase or sale of units. The purchase and sales price of such units shall be the market value per unit of the fund as determined under these regulations.

(Effective October 10, 1972; Amended September 30, 1998; Amended September 13, 2016)