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Text of IRS Notice 2008-81: Federal Government to Support Money Market Funds for September 19 Assets (PDF)
Internal Revenue Service [IRS]
[Official Guidance] Sept. 22, 2008
2 pages. Excerpt: In general, under the Program, the Treasury Department plans to make available its Exchange Stabilization Fund on a temporary basis to assist participating money market funds in maintaining $1.00 per share net asset values and in paying their shareholders $1.00 per share upon liquidation of shares. The Program will be limited to assets in money market funds as of the close of business on September 19, 2008, and to investors of record as of that date. Participating money market funds are required to make premium payments to participate in the Program.
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