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of <h1>Company Liquidator Controls Surplus Fund Investments: Bank Requires Written Instructions for Transactions and Sales</h1> All investments of surplus funds must be executed by the bank upon receiving a written request from the Company Liquidator. The securities are to be held by the bank in the name of and on behalf of the Company Liquidator. These securities can only be sold by the bank following written instructions from the Company Liquidator. Upon sale, the bank must credit the proceeds to the Company Liquidator's account.
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