Company: MYI
Filing Date: 2025-09-02
Form Type: N-14 8C/A
Source: 0001193125-25-193985
Chunk: 315

Company: BLACKROCK MUNIYIELD QUALITY FUND III, INC.
Filing Date: 2025-09-02
Form: N-14 8C/A
Chunk 315
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 by the Target Fund for use in the Preferred Shares Proxy Statement.

(n) The Target Fund has filed, or intends to file, or has obtained extensions to file, all federal, state and
local tax returns which are required to be filed by it, and has paid or has obtained extensions to pay, all federal, state and local taxes shown on said returns to be due and owing and all assessments received by it, up to and including the taxable
year in which the Closing Date occurs. All tax liabilities of the Target Fund have been adequately provided for on its books, and no tax deficiency or liability of the Target Fund has been asserted and no question with respect thereto has been
raised by the Internal Revenue Service or by any state or local tax authority for taxes in excess of those already paid, up to and including the taxable year in which the Closing Date occurs.

(o) The Target Fund is authorized to issue [149,998,464] [199,990,823] [199,991,081] shares of common stock, par
value $0.10 per share (the “Target Fund Common Shares”), [and 2,000 shares of Auction Market Preferred Stock, Series A, par value $0.05, with a liquidation preference of $25,000, plus an amount equal to all accumulated but unpaid
dividends (whether or not earned or declared) (the “MIY AMPS Series A Shares”), 1,000 shares of Auction Market Preferred Stock, Series B, par value $0.05, with a liquidation preference of $25,000, plus an amount equal to all accumulated
but unpaid dividends (whether or not earned or declared) (the “MIY AMPS Series B Shares”), 1,000 shares of of Auction Market Preferred Stock, Series C, par value $0.05, with a liquidation preference of $25,000, plus an amount equal to
all accumulated but unpaid dividends (whether or not earned or declared) (the “MIY AMPS Series C Shares”), 1,000 shares of Auction Market Preferred Stock, Series D, par value $0.05, with a liquidation preference of $25,000, plus an
amount equal to all accumulated but unpaid dividends (whether or not earned or declared) (the “MIY AMPS Series D Shares”), and 2,319 shares of Series W-7 Variable Rate Demand Preferred Shares, par
value $0.10, with a liquidation preference of $