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ARTICLES OF AMENDMENT
General New York Municipal Bond Fund, Inc., a Maryland corporation
having its principal office in the State of Maryland in Baltimore, Maryland
(hereinafter called the "Corporation"), hereby certifies to the State
Department of Assessments and Taxation of Maryland that:
FIRST: The charter of the Corporation is hereby amended by
reducing the par value of each share of Common Stock of the Corporation as
set forth in Article FIFTH of the Articles of Incorporation (or elsewhere in
the charter) to a par value of one tenth of one cent ($.001) each and
reducing the aggregate par value of the Common Stock of the Corporation to
$100,000.
SECOND: These Articles of Amendment were approved by at least a
majority of the entire Board of Directors of the Corporation and are limited
to changes expressly authorized by Section 2-605 of Title 2 of the Maryland
General Corporation Law to be made without action by the stockholders of the
Corporation.
The undersigned Vice President of the Corporation acknowledges
these Articles of Amendment to be the corporate act of the Corporation and
states that, to the best of such officer's knowledge, information and
belief, the matters and facts set forth in these Articles with respect to
the authorization and approval of the amendment of the Corporation's charter
are true in all material respects, and that this statement is made under the
penalties of perjury.
IN WITNESS WHEREOF, General New York Municipal Bond Fund, Inc. has
caused this instrument to be signed in its name and on its behalf by its
Vice President, and witnessed by its Assistant Secretary, on the 10th day of
December, 1999.
GENERAL NEW YORK MUNICIPAL BOND FUND, INC.
By: /s/ Stephanie D. Pierce
Stephanie D. Pierce,
Vice President
WITNESS:
/s/ Elba Vasquez
Elba Vasquez,
Assistant Secretary
