Returned Checks. In the event that any check or other order for the payment of money is returned unpaid for any reason, Private Trust or its agent will: (i) give prompt notice of such return to the Fund or its designee; (ii) place a stop transfer order against all Shares issued as a result of such check or order; and (iii) take such actions as Private Trust may from time to time deem appropriate.
Appears in 25 contracts
Samples: Transfer Agency and Services Agreement (Citifunds Multi State Tax Free Trust), Transfer Agency and Services Agreement (Citifunds Trust Ii), Transfer Agency and Services Agreement (Smith Barney Adjustable Rate Government Income Fund)
