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Re-register - Re-register means to
re-file a registration form (with information different from
that reported on the form originally filed) during the initial
registration period (before the deadline for renewal) because an
event triggering re-registration has occurred. An MSB must be re-registered
when any of the following events occurs during a registration period:
- Change in Ownership or Control under State Law. There has been
a change in ownership or control of the MSB that requires the
MSB to be re-registered under State law.
- Transfer of Voting Power or Equity Interest. More than 10 percent
of the voting power or equity interest of the MSB has been transferred
(except MSBs that must report such transfer to the Securities
and Exchange Commission);
- Increase in the Number of Agents. The number of agents of the
MSB has increased by more than 50-percent.
To re-register, the registration form, TD
F 90-22.55, must be completed and filed not later than 180 days
after the date the triggering event occurs.
The calendar year in which the triggering event occurs is treated
as the first year of a new 2-year registration period.
31 CFR 103.41(b)(4)
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