Residual interest.

(c) Residual interest. A residual interest is an interest in a REMIC that is issued on the startup day and that is designated as a residual interest by providing the information specified in 1.860D1(d)(2)(ii) at the time and in the manner provided in 1.860D1(d)(2). A residual interest need not entitle the holder to any distributions from the REMIC.


26 CFR § 1.860G-1

Scoping language

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