MEETING ON TAX ISSUES INVOLVING VARIABLE RATE TRUST CERTIFICATES AND RELATED PRODUCTS

December 6, 1990 TO: TAX COMMITTEE NO. 31-90 MONEY MARKET FUNDS AD HOC COMMITTEE NO. 6-90 TAX ADVISORY COMMITTEE RE: MEETING ON TAX ISSUES INVOLVING VARIABLE RATE TRUST CERTIFICATES AND RELATED PRODUCTS __________________________________________________________ A meeting will be held at the Institute on Wednesday, December 12, at 10:00 a.m. to discuss tax issues associated with new tax-exempt products such as variable rate trust certificates with put features. Lunch will be served following the meeting. Any Institute member who wishes to invite its outside counsel to attend the meeting is encouraged to do so. All persons planning to attend the meeting are requested to inform Berlaunder Barnes at the Institute (202/955-3518) of their intention by Monday, December 10. If anyone has questions or comments regarding this meeting, please call me at 202/955-3585. Keith D. Lawson Associate General Counsel