Authorized and Outstanding Shares. Price Services shall record the issuance of Shares of the Fund and maintain, pursuant to Rule17Ad10(e) of the '34 Act, a record of the total number of Shares of the Fund which are authorized and outstanding, based upon data provided to it by the Fund. Price Services shall also provide the Fund on a regular basis the total number of Shares that are authorized and issued and outstanding. Price Services shall have no obligation, when recording the issuance of Shares, to monitor the issuance of such Shares or to take cognizance of any laws relating to the issuance or sale of such Shares.
Appears in 6 contracts
Samples: Transfer Agency and Service Agreement (Price T Rowe Prime Reserve Fund Inc), Transfer Agency and Service Agreement (Price T Rowe Tax Free Intermediate Bond Fund Inc), Transfer Agency and Service Agreement (T Rowe Price Institutional Income Funds Inc)
