Other Exhibit (c)
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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NOTIFICATION OF ELECTION PURSUANT TO RULE 18f-1
UNDER THE INVESTMENT COMPANY ACT OF 1940, AS AMENDED
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DREYFUS INSTITUTIONAL PREFERRED MONEY MARKET FUNDS
Exact Name of Registrant
NOTIFICATION OF ELECTION
Dreyfus Institutional Preferred Money Market Funds (the "Fund"), an
open-end investment company registered with the Securities and Exchange
Commission (the "Commission") under the Investment Company Act of 1940, as
amended (the "1940 Act"), hereby notifies the Commission that it elects to
commit itself, on behalf of its Series, to pay in cash all redemptions by a
shareholder of record as provided by Rule 18f-1 under the 1940 Act (the "Rule").
The Fund understands that this election is irrevocable while the Rule is in
effect unless the Commission by order upon application permits the withdrawal of
this Notification of Election.
SIGNATURE
Pursuant to the requirements of Rule 18f-1 under the 1940 Act, the
Fund has caused this Notification of Election to be duly executed on its behalf
in the City of New York and the State of New York on October 3, 2000.
DREYFUS INSTITUTIONAL PREFERRED
MONEY MARKET FUNDS
By:
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Attest:______________________
