Dreyfus seeks shareholder approval for reorganization of Maryland, Minnesota, Ohio municipal funds

By Toni Weeks

San Diego, Nov. 8 - The boards of trustees of Dreyfus State Municipal Bond Funds and Dreyfus Municipal Funds, Inc. have approved the reorganization of the Dreyfus Maryland Fund, Dreyfus Minnesota Fund and Dreyfus Ohio Fund into the Dreyfus AMT-Free Municipal Bond Fund, according to a 497 filing with the Securities and Exchange Commission.

The boards are seeking approval of shareholders of record as of Dec. 10 for the merger at a joint shareholders' meeting scheduled for Feb. 28.

If approved, the reorganizations will become effective on April 12 for the Maryland fund, April 19 for the Minnesota Fund and April 26 for the Ohio fund.

Effective Nov. 26, the fund will be closed to new accounts unless from participants in some group retirement plans that have established the fund as an investment option.

New York-based Dreyfus Corp. is the funds' investment adviser.

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