On investment and mutual funds (LRU-392-son) · Date: 25.08.2015 · In force
The investment unit is circulated by buying and selling it on the stock exchange and performing other actions leading to a change in the ownership of the investment unit.
The trust agreement may provide for the possibility of exchanging investment units of a mutual fund at the request of their owner for investment units of another mutual fund that is in trustee management of the same trustee. In this case, the exchange of investment units of one mutual fund for investment units of another mutual fund may be carried out only if the maturity date of the investment units to be exchanged coincides with the date of issue of the investment units for exchange.
Source of the text
National Database of Legislation of the Republic of Uzbekistan (lex.uz). Original on lex.uz: lex.uz/docs/4610865
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Cite as: Article 20. Circulation of an investment Unit On investment and mutual funds (LRU-392-son). neolex.uz/en/laws/law-2731865/20 (lex.uz/docs/4610865)