New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 22. Common Trust Funds |
Sec. 22.4. Time of valuation
Latest version.
- At least once during each three-month period, investments shall be valued by the trust investment committee. The intervals between valuation dates shall be substantially equal. Any valuation shall be filed as a permanent record of the common trust fund within a reasonable period after the valuation date.