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CT-GL-34

Active

Wind-Down — Kovay Gardens

Status
Active
Program
SDGT
Authorization
wind_down
Effective
2026-02-19
Expires
No stated expiry

Summary

Authorizes wind-down of transactions involving Kovay Gardens.

Authorized activities

  • wind-down
  • kovay gardens

Conditions

Time-limited.

Reporting requirement

Wind-down transactions must be completed within the GL authorization period. Any payments to blocked persons must be made into blocked accounts. The institution must document the pre-existing obligation being wound down.