[Federal Register Volume 59, Number 82 (Friday, April 29, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-10203]


[[Page Unknown]]

[Federal Register: April 29, 1994]


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SECURITIES AND EXCHANGE COMMISSION

[Investment Company Act Release No. 20240; 811-6534]

 

Dreyfus Adjustable Rate Securities Fund, Inc.; Application

April 21, 1994.
AGENCY: Securities and Exchange Commission (``SEC'').

ACTION: Notice of application for deregistration under the Investment 
Company Act of 1940 (the ``Act'').

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APPLICANT: Dreyfus Adjustable Rate Securities Fund, Inc.

RELEVANT ACT SECTION: Order requested under Section 8(f).

SUMMARY OF APPLICATION: Applicant seeks an order declaring it has 
ceased to be an investment company.

FILING DATE: The application was filed on April 12, 1994.

HEARING OR NOTIFICATION OF HEARING: An order granting the application 
will be issued unless the SEC orders a hearing. Interested persons may 
request a hearing by writing to the SEC's Secretary and serving 
applicant with a copy of the request, personally or by mail. Hearing 
requests should be received by the SEC by 5:30 p.m. on May 16, 1994, 
and should be accompanied by proof of service on the applicant, in the 
form of an affidavit or, for lawyers, a certificate of service. Hearing 
requests should state the nature of the writer's interest, the reason 
for the request, and the issues contested. Persons may request 
notification of a hearing by writing to the SEC's Secretary.

ADDRESSES: Secretary, SEC, 450 Fifth Street, NW., Washington, DC 20549. 
Applicant, 144 Glenn Curtiss Boulevard, Uniondale, New York 11556-0144.

FOR FURTHER INFORMATION CONTACT:
Diane L. Titus, Paralegal Specialist, at (202) 942-0584, or Barry D. 
Miller, Senior Special Counsel, at (202) 942-0564 (Division of 
Investment Management, Office of Investment Company Regulation).

SUPPLEMENTARY INFORMATION: The following is a summary of the 
application. The complete application may be obtained for a fee from 
the SEC's Public Reference Branch.

Applicant's Representations

    1. Applicant is a registered open-end, non-diversified management 
company under the Act and organized as a corporation under the laws of 
the State of Maryland. On January 21, 1992, Applicant filed a 
Notification of Registration on Form N-8A pursuant to section 8(a) of 
the Act and a registration statement on Form N-1A under section 8(b) of 
the Act and under the Securities Act of 1933. Applicant's registration 
statement has not been declared effective. Applicant has not sold any 
of its shares of common stock to the public pursuant to a public 
offering.
    2. Pursuant to written consent dated as of April 8, 1994, the 
Applicant's Board determined that it was advisable and in the best 
interest of the Applicant and its sole stockholder that the Applicant 
terminate its existence as a Maryland corporation and liquidate any 
assets and that the proceeds from the liquidation be returned to the 
Applicant's sole stockholder and sponsor, The Dreyfus Corporation.
    3. As of the date of this application, Applicant has no assets, 
debts, or liabilities; has no shareholders; and is not a party to any 
litigation or administrative proceeding. Applicant is neither engaged 
in nor proposes to engage in any business activities other than those 
necessary for the winding-up of its affairs.

    For the SEC, by the Division of Investment Management, under 
delegated authority.
Margaret H. McFarland,
Deputy Secretary.
[FR Doc. 94-10203 Filed 4-28-94; 8:45 am]
BILLING CODE 8010-01-M