CERTAIN EVENTS NOT CONSTITUTING LIQUIDATION. Neither the sale of all or substantially all of the property or business of the Trust, nor the merger or consolidation of the Trust into or with any Massachusetts business trust or corporation nor the merger or consolidation of any Massachusetts business trust or corporation into or with the Trust shall be a dissolution, liquidation or winding up, whether voluntary or involuntary, for the purposes of this paragraph 12.
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Sources: By Laws (Colonial Insured Municipal Fund), By Laws (Colonial New York Insured Municipal Fund), By Laws (Colonial Insured Municipal Fund)
CERTAIN EVENTS NOT CONSTITUTING LIQUIDATION. Neither the sale of all or substantially all of the property or business of the TrustFund, nor the merger or consolidation of the Trust Fund into or with any Massachusetts business trust or corporation nor the merger or consolidation of any Massachusetts business trust or corporation into or with the Trust Fund shall be a dissolution, liquidation or winding up, whether voluntary or involuntary, for the purposes of this paragraph Section 12.
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