| subsequent calendar year that the issuer
is again a money market fund as defined in subsection (b) of this
section, and instead fees shall be calculated for such issuer as provided
in the Act, Chapter 4006, Subchapters A, B, and D.
(i) Appeals. If any person should take exception to
an action of the Securities Commissioner in making, failing to make,
or revoking a determination whether that person is a money market
fund, the aggrieved person may appeal the decision of the Securities
Commissioner as provided in the Act, §4007.107.
(j) Effect of a prior determination. A fund offering
federal covered securities, that was determined to be a money market
fund prior to October 11, 1996, will continue to be considered a money
market fund for purposes of this section without the necessity of
submitting a new request for determination, so long as the fund continues
to meet the definition of a "money market fund" in subsection (b)
of this section.
|
| Source Note: The provisions of this §123.3 adopted to be effective September 1, 1979, 4 TexReg 2901; amended to be effective February 2, 1983, 8 TexReg 281; amended to be effective December 20, 1993, 18 TexReg 9093; amended to be effective June 8, 1994, 19 TexReg 4196; amended to be effective April 8, 1997, 22 TexReg 3227; amended to be effective February 24, 2004, 29 TexReg 1644; amended to be effective June 14, 2016, 41 TexReg 4251; amended to be effective April 7, 2024, 49 TexReg 2065 |
