### Question
What is the definition of liquidation period?


### Answer
The definition of **liquidation period** is as follows in *26 U.S.C. § 860F*:

> the period—



(i) beginning on the date of the adoption of the plan of liquidation, and



(ii) ending at the close of the 90th day after such date

#### Citation:
  - *26 U.S.C. § 860F*
  - Heading: **Subtitle A-Income Taxes > CHAPTER 1-NORMAL TAXES AND SURTAXES > Subchapter M-Regulated Investment Companies and Real Estate Investment Trusts > PART IV-REAL ESTATE MORTGAGE INVESTMENT CONDUITS**

