Liquidator investment duty: quarterly account review and recorded decision whether to invest surplus funds, with reasons recorded. The Liquidator must, every three months, examine each liquidation account to ascertain moneys available for investment and enter in the LLP Record Book ... Summary
Liquidator investment duty: quarterly account review and recorded decision whether to invest surplus funds, with reasons recorded.
The Liquidator must, every three months, examine each liquidation account to ascertain moneys available for investment and enter in the LLP Record Book the fact of examination, the investment decision taken, and, where no investment is made, the reasons for that decision.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.