IN THE NEWS

Abstract

Public Library Trusteeship Fee Schedule Set. The fee schedule for participating in the Public library Trusteeship has been established. Charges from Marshall and Isley Trust Company, which provides all administrative and reporting services for fund members, are based on the market value of all portfolios participating in the program. The fees to individual libraries are determined as a ratio of the fund total. Earnings on money market funds will be netted to reflect a 3/10 of 1 percent charge. The schedule is all‐inclusive with the exception of wire transfer costs.

Citation

Margolis, B. (1988), "IN THE NEWS", The Bottom Line, Vol. 1 No. 2, pp. 8-11. https://doi.org/10.1108/eb025108