LETTER OF INSTRUCTION AND AGREEMENT AS TO THE PAYMENT OF FEESLetter of Instruction and Agreement • July 24th, 2019 • RiverNorth Managed Duration Municipal Income Fund, Inc.
In accordance with Section 20.5, the Additional Funds and Portfolios provision, of the Master Custodian Agreement dated as of March 3, 2014, as amended, modified, or supplemented from time to time (the "Agreement”), by and among each registered investment company party thereto, and State Street Bank and Trust Company ("State Street"), RiverNorth Managed Duration Municipal Income Fund, Inc. (the “Fund”) has appointed State Street and State Street has agreed to act as Custodian for the Fund.
