https://www.taxtmi.com/acts?id=15227 A trustee may invest in permitted classes of securities even if redeemable and purchased at a price exceeding redemption value, but statutory constraints limit purchases of certain short-dated or specified classes where redemption occurs on fixed terms and cap permissible premiums for particular categories; a trustee may retain any such redeemable stock, fund or security until redemption. en-us Wed, 21 Sep 2011 10:18:15 +0530 Wed, 21 Sep 2011 10:18:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=15227 A trustee may invest in permitted classes of securities even if redeemable and purchased at a price exceeding redemption value, but statutory constraints limit purchases of certain short-dated or specified classes where redemption occurs on fixed terms and cap permissible premiums for particular categories; a trustee may retain any such redeemable stock, fund or security until redemption. Act-Rules Trust and Society Wed, 21 Sep 2011 10:18:15 +0530 https://www.taxtmi.com/acts?id=15227