Regulations of Connecticut State Agencies
The actual admission to or withdrawal from each fund shall be processed only after the fund is valued on a valuation date described in Sec. 3-31b-6 of these regulations. Except for the initial contribution to the fund and upon such other exceptions made by the Treasurer, admission to and withdrawal from any fund shall be made solely in cash through the purchase or sale of units. The purchase and sales price of such units will be the market value per unit of the fund as determined under these regulations.
(Effective October 10, 1972; Amended September 30, 1998)